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👉🏻 One of the biggest mistakes most traders make is being impatient with correction waves. Correction waves are the preparation phase for the next impulse wave - a potential trade.
👉🏻 They can be zig zag, triangle, flat or complex. This diversity often makes it difficult to make an immediate prediction but becomes clearer as the correction continues. Therefore, once the end of the correction wave is predictable, the next trade can be clearly planned.
👉🏻 This is why the trading plan is so important. Because the chart is followed step by step and the trade is planned for the right time. This always increases profitability.
📍 Do not gamble, trade with a plan! Trade conciously!