The EUR/USD currency pair is in the Support zone from the bottom from November and the Round number 1.12. STS_ATR_Distance_Indicator shows that since the beginning of the Month, the price has passed 104% of the monthly ATR (Average Monthly Movement for the last 6 months). STS_RSI_MTF_Indicator is oversold on absolutely all Timeframes with extremely low values.
The conditions are right to load our STS_Zig_Zag_Bot to open long positions. The Bot is set to open long positions on each H1 candle in which we have a descending 12-period Zig Zag and close them in an ascending 20-period Zig Zag. We currently have an open position.
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