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

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.