Breakout Identified in AUDUSD SELL

17 בינו׳ 2020

0.6883 - 0.69017 Add to Watch List
Signal ID: 70290
Time Issued: Thursday, 16 January 2020 16:23:15 GMT
Status: open
Entry: 0.6883 - 0.69017
Limit: 0.68571
Stop Loss: 0.69318

The Breakout Opportunities system has just sold AUDUSD at 0.68917. The system recommends entering this trade at any price between 0.6883 and 0.69017. The signal was issued because the AUDUSD has broken its 24-hour low while our Speculative Sentiment Index was at 2.39715, suggesting that the AUDUSD may have further to fall. A stop loss has been set at the 24-hour high of 0.69318 and a profit target has been set at the 1 Day ATR level at 0.68571. 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.