Reaction Rise;
Let's look at this topic a little more.
I said a sentence in the previous content. Whether it is a 5-minute, 30-minute or 1-day chart, the system is the same, the operation does not change.
If you understand the logic in the 5-minute chart, you will also understand the logic in the 1-day chart.
Reaction rises are sudden increases that occur in a downtrend. The reason why it is fast; It aims to liquidate the open short positions and their stop-losses accumulated above without most people noticing. People drive, eat, go to work, go to the cinema, sleep, take a shower. They cannot follow this price movement in the flow of life, they cannot notice it. This is the purpose.
But it is also a short-term lifesaver thrown by whales to those who are at a loss. Those who know and understand that this rise is a reaction rise close their losses and exit the trade.
So, if we buy now, can't we make more profit when it goes above 4054?
Those who want to buy for the first time can make a purchase by allocating an additional budget, but for investors like us whose cost process is ongoing, it is not possible because you cannot know where the whale will reduce the price in a downtrend. There is no contract that it will not reduce the price. We cannot make any further additions until we turn the downtrend into an uptrend.