Breakout Identified in EURJPY

12 paź 2018

The Breakout Opportunities system has just bought EURJPY at 130.15. The system recommends entering this trade at any price between 129.958 and 130.366. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.278, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 129.381 and a profit target has been set at the 1 Day ATR level at 131.014. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. 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: 59362
Time Issued: Friday, 12 October 2018 01:27:15 GMT
Status: open
Entry: 129.958 - 130.366
Limit: 131.014
Stop Loss: 129.500

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