A structure that is currently being formed on a large time frame in a secondary trend. Logarithmic graph. Percentages are retained for clarity, as in 2014-2015.
Earn money in the market does not allow banal greed. Almost everyone suffers from this disease. Therefore, your freedom from greed gives an unthinkable superiority over the patients of the “devil”.
Secondary downtrend. 2013 – 2015 Percentage price reduction from key areas. "Removal of Passengers"
Secondary downtrend of 2013-2015 and super “takeaways” in it. Then the pedestrian goes sideways (accumulation)—with similar “discharges of extra passengers." Pay attention to the % reduction and zone. The “terrible prices” of which after the cycle were the price of dreaming of "more than one stream of hamsters."
The market shapes people's behavior. What is displayed on the price chart. Never try to catch highs or lows, work in parts. Disconnect from the majority controlled mindset of society.
The basis of profit/loss is who you are here and now. Your knowledge and experience are projected onto the graph. The symbiosis of these two parameters, implemented in practice, will earn or lose money.
노트
for understanding where this local pinch zone is in the secondary trend.