Availability Bias | Money Arata 64 

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Due to the Availability Bias, we often have a distorted perception of risks in our minds. We overestimate the likelihood of experiencing dramatic financial events, such as winning the lottery, making a fortune buying a hot stock at the bottom and selling it at the top. Or losing everything because of a complete market collapse. These extreme examples are easy to imagine.
At the same time, we underestimate the risks associated with more boring scenarios, like not saving enough for retirement or the slow erosion of our purchasing power due to inflation. Or just increasing our savings by doing something simple like Dollar Cost Average - DCA.
To counter the Availability Bias in technical analysis, it's essential to maintain a healthy dose of skepticism and humility when making predictions based on historical patterns and indicators.
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