Thats a good analogy VSB, poker and trading a very similar in their physcology.
Particularilly so during the cycle of a 5 wave trend.
the current dispair is typical at the bottom of wave 2s, as the enthusiasm and hope of the prior wave 1 dries up completely at this point,(a 62% fall of wave 1)as does the selling also.
The next wave up (3) has more enthusiasm than wave 1 did initially, this is usually the strongest wave of the 5 waves.
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