So why going against?
For this setup, we need to be sure to have the “Suggested Close” icons visible on our chart. To do so, simply go into the Settings of the Bottoms Tops Signal and then be sure to enable “Show Suggested Close” under the Inputs tab.
Once you enable it you will see X signs appearing on your chart (for the sake of this article we made them very big in the chart above).
The X signs represent the suggested close so, for instance, considering the first X in the chart above, if you took the bottom just before it, you should close your position when the X appears.
However, the opportunity was rather small and the others even led to losses.
So what can you do?
You know that we are in a downtrend because we had a Top (on the left of the chart) and the price has been falling since so, instead of taking the Bottoms trying to fight the trend, you take the suggested closes of those Bottoms like they were Top opportunities.
In the chart above we highlighted the opportunities with red triangles just above the candles with the X.
As you can see, you can turn a very unfriendly trend into a very profitable run down by exploiting each of the six opportunities (or the ones that align with your strategy).
But there’s even more to tell.
This Setup is a very safe approach to trading the Markets for two reasons.
First, because you trade only when you have enough evidence: there was a Top and the price has been falling since so, we are clearly in a down-trending bearish market.
Second, because it is extremely likely that the last Bottom in the downtrend will not be invalidated (like in the chart above).
What does this mean?
It means that you will not take a new position when the trend is ending and you will preserve your account.
Essentially, you ride the trend all the way down (or up) until there is room to go. Then, you wait for a new extreme to appear, a new trend to form and new opportunities to be exploited.