$fmTrader brothers, beware! Where are you now in this market cycle?
This chart shows a classic market cycle — which occurs in almost every market.
It starts with Accumulation
Then gradually comes Momentum building and First sentiment extreme. It is at this time that many fall into a Bear Trap. That is, the market temporarily dips and then rises again — it feels like everything is fine.
Then comes Renewed Optimism and FOMO (fear of missing out) — everyone goes crazy buying! But at that moment, the market reaches its peak and falls into a Bull Trap — where it seems like it will rise again, but then the decline begins!
Breakdown, Fear, Capitulation, and eventually Despair — where everyone sells off and a new opportunity arises through Bottom Fishing.
Keep this chart saved
Take a look at it before entering the market each time! Understanding where you are will significantly reduce the chances of making wrong decisions.
Stay smart, stay safe!
