im new to trading im using RSI and bb for indicators. I was told when the candle stick hits the lower bottom of the boliengor bands, and is under 30RSI it's going to go up, but how do i find one of these before it happens? i've been watching the same coin for 21hours and nothins happen yet.
Trading is very similar to an ambush, the army setting an ambush does not control the movements of their enemy and they set an ambush in the most favorable terrain possible while waiting for their enemies, however once the ambush is set there is nothing else to do but to wait, and if the enemies decide to take a different route then the ambush fails, if you have a strategy which you think can generate profits in the market then you have no other choice but to wait until all the conditions tell you to make a trade, otherwise you need to hold on and wait until that happens.