USDCAD - 2/4 indicators
USDCAD is starting to appear bullish on the 1 HR chart, enter a long position ONLY when the 4 indicators happen:
1. Leading cloud is green (currently is green)
2. Last candle stick closes above the cloud (currently in the middle)
3. TK Cross occurs (green line cross red in bullish trend)(already has happened)
4. Lagging Span (yellow) hits above the cloud (currently below)
Best to exit position when the TK line takes a bearish trend (green crosses red downward).
1. Leading cloud is green (currently is green)
2. Last candle stick closes above the cloud (currently in the middle)
3. TK Cross occurs (green line cross red in bullish trend)(already has happened)
4. Lagging Span (yellow) hits above the cloud (currently below)
Best to exit position when the TK line takes a bearish trend (green crosses red downward).
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