The currency pair CAD/JPY is in the support zone and is approaching a round number - 90. STS_RSI_MTF_Indicator is oversold on all frames from M30 to Daily. STS_ATR_Distance_Indicator shows that since the beginning of the Day the price has passed 105% of its Daily ATR (Average Daily Movement for the last 6 days).
Because of these arguments, we loaded our STS_Zig_Zag_Bot to open long positions on every H1 candle in which we have a descending 12-period Zig Zag. The Bot is set to close all positions in ascending 20-period Zig Zag. There are currently 2 open positions in 2 consecutive H1 candles.
Get your STS_Zig_Zag_Bot now: https://smarttradingsoftware.com/en/expert-advisors/prd/sts-zig-zag-bot/
Get your STS_Zig_Zag_Tester now: https://smarttradingsoftware.com/en/market-testers/prd/sts-zig-zag-tester/
Get your STS_ATR_Distance_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/atr-distance-indicator/
Get your STS_RSI_MTF_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/sts-rsi-mtf-indicator/
Visit our Forex Signals section to receive real-time trades from our Trading Robots. Get your FREE Forex Signals Plan now and follow our Forex Trading Signals for 30 days absolutely FREE.
