Breakout Identified in AUDJPY SELL
75.617 - 75.818 Add to Watch List
Signal ID: 70257
Time Issued: Tuesday, 14 January 2020 23:42:15 GMT
Status: open
Entry: 75.617 - 75.818
Limit: 75.250
Stop Loss: 76.026
The Breakout Opportunities system has just sold AUDJPY at 75.74. The system recommends entering this trade at any price between 75.617 and 75.818. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.054, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 76.051 and a profit target has been set at the 1 Day ATR level at 75.25. 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.
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