Everything in my mind is written on the snapshot.
Have faith in the calculations. While understanding the market, understand mind simultaneously. It is the mind which drives human action always since creation. If this market is run by Humans, then mind analysis is much important than technical analysis.
And, to understand the mind, only observation is the key. 80% Observation; 20% action.
1st Observe > Act > Feedback(result of action) > 2nd Observe Feedback > Analyse > 3rd Observe > Act and this cycle continues.
"Mistakes are bound to happen".
Have faith in the calculations. While understanding the market, understand mind simultaneously. It is the mind which drives human action always since creation. If this market is run by Humans, then mind analysis is much important than technical analysis.
And, to understand the mind, only observation is the key. 80% Observation; 20% action.
1st Observe > Act > Feedback(result of action) > 2nd Observe Feedback > Analyse > 3rd Observe > Act and this cycle continues.
"Mistakes are bound to happen".
Comment:
No sign of 2.618 breakout. Looks like the price will reverse downside. wave 3 getting weak now. Volume has also started declining!
Comment:
1st reversal indication today!