Breakout Identified in GBPJPY
The Breakout Opportunities system has just sold GBPJPY at 133.97. The system recommends entering this trade at any price between 133.763 and 134.128. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 13.531, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour high of 134.601 and a profit target has been set at the 1 Day ATR level at 133.141. 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: 66976
Time Issued: Thursday, 18 July 2019 00:53:15 GMT
Status: open
Entry: 133.763 - 134.128
Limit: 133.141
Stop Loss: 134.601
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.
Signal ID: 66976
Time Issued: Thursday, 18 July 2019 00:53:15 GMT
Status: open
Entry: 133.763 - 134.128
Limit: 133.141
Stop Loss: 134.601
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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