As we expected in our Forex Analysis from August 09, 2021, the pair USD/CHF showed possible down movement. We have loaded our STS_MA_Distance_Bot to open a position when our STS_MA_Distance_Indicator shows a distance of 30 or more pips to 10 EMA.
The price made a sharp up movement and the bot opened 8 short trades on 8 consecutive H4 candles and that is why we changed the target of the trading situation to 50 EMA. The bot closed them when the price touched 50 EMA.
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