The currency pair EUR/CAD on H1 timeframe is at Support from 200 and 500 EMA. Our STS_RSI_MTF_Indicator shows oversold condition on the Monthly chart with a value of 18. We expect that in the current month the price will make an upward movement, and for this we loaded our STS_Zig_Zag_Bot to open long positions on each H1 candle, in which there is a descending 20-period Zig Zag and close all positions on the ascending 20-period Zig Zag on the Daily chart. Currently, the Bot has one open long position.
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