The USD/JPY pair has a Bearish Divergence on a Weekly chart.
STS MA Distance Indicator shows us that the distance to 10 EMA on the Weekly chart is 68 pips.
After backtesting the pair with STS MA Distance Tester we currently have three consecutive losses from the STS MA Distance Strategy with settings H4 - 30 pips of 10 EMA.
The divergence of the Weekly chart gives us direction for short positions, and the statistics from the backtest give us the probability of a successful deal, after three consecutive losses.
We load our STS MA Distance Bot to wait for a short trade on H4 timeframe, when the distance to 10 EMA becomes 30 pips.
