Breakout Identified in USDJPY
Signal ID: 66268
Time Issued: Friday, 21 June 2019 03:05:15 GMT
Status: open
Entry: 106.941 - 107.255
Limit: 106.594
Stop Loss: 107.850
The Breakout Opportunities system has just sold USDJPY at 107.057. The system recommends entering this trade at any price between 106.941 and 107.255. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 3.64, suggesting that the USDJPY may have further to fall. A stop loss has been set at the 24-hour high of 107.85 and a profit target has been set at the 1 Day ATR level at 106.594. 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Time Issued: Friday, 21 June 2019 03:05:15 GMT
Status: open
Entry: 106.941 - 107.255
Limit: 106.594
Stop Loss: 107.850
The Breakout Opportunities system has just sold USDJPY at 107.057. The system recommends entering this trade at any price between 106.941 and 107.255. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 3.64, suggesting that the USDJPY may have further to fall. A stop loss has been set at the 24-hour high of 107.85 and a profit target has been set at the 1 Day ATR level at 106.594. 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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