dinhchien

USDCAD - Long signal by Keltner Channels 18-Fri-2021

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Identify trend:
  • 4 EMAS 50-100-150-200:
    - Uptrend: ema: 50 > 100 > 150 > 200
    - Downtrend: ema: 50 < 100 < 150 < 200
  • Pivot:
    - Left: 15 candles
    - Right: 15 candles.
    - Uptrend: Higher low - Higher High
    - Downtrend: Lower Low - Lower High.
  • Keltner Channel:
    - Uptrend: Candle crosses Upper 2.
    - Downtrend: Candlestick crosses the Lower 2 line.
Strong trend according to ADX indicator:
- DI: 9
- Smooth: 9
- ADX: 38
Order entry point:
- Buy: Upper Keltner
- Sell Lower Keltner
Take Profit/Stop Loss: atr (20) x2 = Height of Keltner channel from Lower to Upper line.

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