00:00The market is continuously falling, but how do we know when the decline is over and a reversal may begin?
00:05The most dangerous mistake is to write off the market just because it has fallen too much.
00:11Remember, a chip in a falling market is not a confirmation of a reversal.
00:16So what should one look for in reversal?
00:18First, whether the selling pressure is weakening or not
00:21If the speed of decline is decreasing and it is becoming difficult to create new people
00:26So this could be the first sign.
00:27Second, the market's reaction to important support
00:30Just stopping at support is not enough
00:33From there, meaningful bounce and buying interest must be visible.
00:37Third, and most important, is the price structure.
00:39If the market makes a higher low after consecutive lower highs and lower lows
00:45And then sustains above the previous swing high
00:48So the signal of trend change can be strong.
00:51Fourth, momentum and volume
00:53Price makes a new low but momentum is weak
00:57or increase participation in bonds
00:59This could indicate a weakening of selling pressure.
01:02But keep in mind, none of these guarantee signal reversal.
01:07My approach is support, then bonds, then higher low, then breakout and sustain, then confirmation
01:14Don't guess the bottom, let the market confirm the reversal itself
01:19Because the most expensive mistake in trading can be made, just this much in a falling market
01:25Enter carefully if you want to learn trading with knowledge, discipline and risk management.
01:31So start following and subscribing to no chart finance now.
01:34In
01:35And oh, we will do it.
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