Dislikedthere are some very fundamental misconceptions addressed here:
trend: what defines a trend? price went up as long as the trend(short term) prevailed until the opposing long term bearish trend becomes more attractive again and resumes. at some point there won't be any people left who want to sell so naturally price could only retrace.
this is also a matter of scale which brings us to fractals, elliott for example. are we in an up or down trend? this depends on the timeframe you are looking at and often you find opposing trends in alternating...Ignored
"Men who can both be right and sit tight are uncommon."