Breakout Identified in AUDJPY
The Breakout Opportunities system has just sold AUDJPY at 71.837. The system recommends entering this trade at any price between 71.714 and 72.136. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 27.052, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 73.033 and a profit target has been set at the 1 Day ATR level at 71.346. 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: 67306
Time Issued: Monday, 05 August 2019 01:35:15 GMT
Status: open
Entry: 71.714 - 72.136
Limit: 71.346
Stop Loss: 72.983
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