Breakout Identified in EURJPY

19 févr. 2019

The Breakout Opportunities system has just sold EURJPY at 124.921. The system recommends entering this trade at any price between 124.726 and 125.005. The signal was issued because the EURJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.818, suggesting that the EURJPY may have further to fall. A stop loss has been set at the 24-hour high of 125.257 and a profit target has been set at the 1 Day ATR level at 124.139. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.

Signal ID: 63780
Time Issued: Tuesday, 19 February 2019 01:33:15 GMT
Status: open
Entry: 124.726 - 125.005
Limit: 124.139
Stop Loss: 125.257

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