Let us face the facts...

• The FX market is almost completely managed by market-making via High Frequency Traders (HFT) algos owned by the largest banks! Not by the traders.
• The market makers' cartels control over 80% of the orders supply. They control the SELL side!
• The central banks control 100% of the money supply and the interest rates. And we all know they create money out of thin air.
• The Bank for International Settlements in Basel Switzerland controls the central banks!

It is important to understand how the interbank system works with the liquidity providers.

You will find an edge by focussing on liquidity and volatility rather then trying to decipher trends and channels.