We draw diagrams not to predict certainty, but to deduce possibilities. Let's clarify this viewpoint first.

The deduction here is about the general structural model that needs to be met if the market reverses.
First: The three-stage decline is weakening, which means that the bearish force is diminishing, but it does not mean that the longer side is stronger than the bearish side.
Next, if there is a reversal, we need to see the emergence of long positions, not just the rise of swing trading lows, but also the upward shift of the high point center of gravity.
Otherwise, the short positions trend may continue or the probability of irregular oscillation may be greater.

We draw diagrams not to predict certainty, but to deduce possibilities. Let's clarify this viewpoint first.
The deduction here is about the general structural model that needs to be met if the market reverses.
First: The three-stage decline is weakening, which means that the bearish force is diminishing, but it does not mean that the longer side is stronger than the bearish side.
Next, if there is a reversal, we need to see the emergence of long positions, not just the rise of swing trading lows, but also the upward shift of the high point center of gravity.
Otherwise, the short positions trend may continue or the probability of irregular oscillation may be greater.

Actually, many people will have fear of missing out, which makes you trade according to greed, fear, and envy, instead of trading according to the system method you usually use.

How to deal with FOMO?

1. There will always be another opportunity, the market will not magically disappear after you miss a move, patiently wait for the next opportunity.

2. Trade in a systematic way. By using a consistent trading system, you are less likely to succumb to emotional trading as they are unlikely to conform to your rules.

3. Gain experience. It sounds easy, but as you engage in more trades, you will better manage your emotions.

4. Record your trades. It forces you to write down your trading reasons, which usually helps you quickly identify fear of missing out trades. It also shows you the performance of previous fear of missing out trades to remind you why you shouldn't listen to your emotions.

5. When you feel FOMO. Stay away from the chart.

6. Realize that you are not the only one who has this feeling. Many people also experience fear of missing out and may succumb. The more people do this, the more dangerous it becomes, realizing this can help you decide not to make a purchase.

FOMO is a constant challenge, stick to the plan, and don't let unrelated factors lead to behavioral biases.