🅱️ Market Psychology = Complacency; Anxiety, Denial, Panic Next

25 Oca

Many people are feeling safe and secure, "complacent"...
Some people are even feeling a thrill, bullish and hoping for higher prices...

We are witnessing the classic behaviour that accompanies a market cycle.

➖ The next phase, "anxiety" means the start of the major bearish move.
➖ The "denial" phase means that the crash is ongoing, gaining momentum...
➖ By the time people start to "panic", we will be looking for reversals signals to show up.

➖ When the "capitulation" phase starts and we see "anger", "depression", the time to buy has come... Yes, the time to buy will come but not yet, not now...

👉 Now is the time to sell.

➖ Sell at resistance;
➖ Buy at support.

Namaste.