Breakout Identified in AUDUSD SELL
0.67967 - 0.68119 Add to Watch List
Signal ID: 68016
Time Issued: Friday, 06 September 2019 01:44:15 GMT
Status: open
Entry: 0.67967 - 0.68119
Limit: 0.67675
Stop Loss: 0.68285
The Breakout Opportunities system has just sold AUDUSD at 0.68064. The system recommends entering this trade at any price between 0.67967 and 0.68119. The signal was issued because the AUDUSD has broken its 24-hour low while our Speculative Sentiment Index was at 2.34397, suggesting that the AUDUSD may have further to fall. A stop loss has been set at the 24-hour high of 0.68285 and a profit target has been set at the 1 Day ATR level at 0.67675. 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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.