Dislikedok thank you but how do you know the trend definition is long?
honestly I cant read that from a H4 timeframe (it seems like going up though from D1)
i still have much to learnIgnored
Thraz doesn't know that it won't fall from here but in terms of his rules and definition the trend is long (most probably above the ma or D crossed up or LH LL trend broken i.e. pa) so he's not prepared to sell against his rules.
Have a look at the middle and to the right of Thraz's chart and the series of arrows down generally forming lower highs and lower lows for a clear downtrend. The move up in 1 go blew out several of those lower highs to break the downtrend cycle.