The pair USD/CAD on H4 timeframe makes a sharp down movement against the Moving Averages that show uptrend. RSI 6 period is oversold. The current price touched 200 EMA and STS_MA_Distance_Indicator shows 65 pips to 10 EMA. The probability for rebounce in an upward direction from the current price level is high. We have loaded our STS_MA_Distance_Bot to open a trade on every H4 candle if the condition for 50 pips to 10 EMA is still met.
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