Awareness for my followers;
The waves I drew with the blue arrow do not technically show wave movements such as higher&high, lower&low. I just drew them randomly so that you can follow the price trend in general.
When it first started to rise, the algorithm had that green-lined long in its mind. It rose, consolidated, rose, fell, consolidated, fell even more. We will see if it will liquidate that long, but it will continue to be in its mind as long as it is active.
Every candle here is a candle formed on the 5-minute chart. What about the daily? Nothing changes. The system works the same.
Whether it is daily, weekly or monthly, if there is an active long, the algorithm always has that long in its mind.
We will enter the bear season just like that. It will rise, consolidate, rise, consolidate, fall, consolidate and fall again, then fall even more.. It will never make you feel that it has started the bear season. It will start with a tiny, harmless looking candle that no one takes seriously. (When you see the bear in the monthly candles, it will be too late anyway.)
It will not suddenly destroy the expectation that it will constantly rise inside you. Until when? Until you accept that we have entered the bear season and desperately hope that this period will pass and that it will return to the level you were at.
It is clear where we will make profit. When it reaches those levels, we will take that money without any mercy.