As we wrote in our Analysis from October 18, 2021 the currency pair GBP/JPY was at resistance from 200 EMA on the Monthly chart and the price was forming Bearish Divergence.
We loaded our STS_MA_Distance_Bot to open short positions on each next Daily candle if the distance to 10 EMA is 100 or more pips.
The Bot opened 4 short positions and today the price accelerated sharply in a downward direction. We closed 3 of the positions and protected the fourth with a stop at zero risk.
Learn more about the strategy here: https://smarttradingsoftware.com/en/trading-strategies/ma-distance-strategy/
See how the Robot works: https://smarttradingsoftware.com/en/expert-advisors/prd/sts-ma-distance-bot/
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