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Don't remind me again today

Everyone can be a Monday morning quarterback—once the market finishes next year, the RSI will surely pinpoint where the bottom is. But what is the reality? You simply can't predict how long the peaks and troughs will last, and that's the brutal part of trading. It could flip in three days, or it could experience a downward movement for three months.



What should we do then? Stop guessing. The most reliable action is this: just wait for the price to return to that channel line. Don't catch falling knives when the channel is broken; we can talk about entering once the channel is reclaimed. Everything else is just a gamble.
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NFTHoardervip
· 11-20 08:44
Haha really, RSI is accurate when looking back, but in real time it's a trap.
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MetaverseLandlordvip
· 11-20 00:55
Indeed, anyone can brag when the market ends, the key is to survive until that day.
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CounterIndicatorvip
· 11-20 00:44
Haha really, the hindsight mode has been activated, anyone can draw perfect lines. The channel theory is reliable, just afraid of getting out of positions too early. Three months of downward movement is the most torturous, patience is truly the greatest enemy. RSI is just an illusion, price is the truth. Wait until the channel holds above before making a move, anything else is seeking death.
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BearWhisperGodvip
· 11-20 00:33
You're absolutely right, we must stick to the rules and not get too carried away.
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