EMA CHANNEL BUY = the market value is above EMA (200) which indicates that the major trend is in buy direction. the market is flowing in channel flow as shown in image. the market value is at support level which indicates that the market is at maximum low condition. so it may be a good time to open trade in major trend direction (buy) EMA CHANNEL SELL = the market value is below EMA (200) which indicates that the major trend is in sell direction. the market is flowing in channel flow as shown in image. the market value is at resistance level which indicates that the market is at maximum high condition. so it may be a good time to open trade in major trend direction (sell)