I am writing a blog post to give more details to the attenders of my last Private Webinar on profiting.me, to explain how to identify the main trend and take advantage from it. To make this I just used CHFJPY as example.
This image explain very well the importance to have clear the main trend and what is prevailing in the market.
In this scenario the Supply Willing is prevailing and the trend is bearish inside the channel.
The bounce back visible on chart can give a good opportunity to sell running a trade in the trend continuation.