The EUR/USD currency pair is in a strong downward movement today. Our STS_ATR_Distance_Indicator shows that we have passed 95% of the Daily ATR (Average Daily Movement for the last 6 days). STS_RSI_MTF_Indicator is oversold on absolutely all Timeframes. The descending Zig Zag 20-period is almost 100 pips long, which means that we can expect a reverse Zig Zag 20-period (ascending).
That's why we loaded our STS_Zig_Zag_Bot to open long positions on every M30 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. We currently have 5 open positions.
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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/
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