As we wrote in our Analysis from 04.01.2022, the currency pair USD/JPY had conditions for downward movement. We loaded our STS_MA_Distance_Bot and it opened two short positions in two consecutive Daily candles with target 10 EMA on Daily Chart. The price almost failed to reach its target (18 pips remained) and we closed the positions because the downward movement was not strong enough and the market was closing. As the conditions for a downward movement are still valid and we will continue to monitor the pair next week.
Visit our Forex Signals section to receive real-time trades from our Trading Robots. Get your FREE Forex Signals Plan now and follow our Forex Trading Signals for 30 days absolutely FREE.
Get your STS_ATR_Distance_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/support-resistance-indicator/
Get your STS_MA_Distance_Indicator now: https://smarttradingsoftware.com/en/market-testers/prd/sts-ma-distance-tester/
Get your STS_RSI_MTF_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/sts-rsi-mtf-indicator/
Get your STS_MA_Distance_Bot now: https://smarttradingsoftware.com/en/expert-advisors/prd/sts-ma-distance-bot/