Breakout Identified in AUDJPY SELL
75.021 - 75.355 Add to Watch List
Signal ID: 69959
Time Issued: Friday, 13 December 2019 15:55:15 GMT
Status: open
Entry: 75.021 - 75.355
Limit: 74.621
Stop Loss: 75.944
The Breakout Opportunities system has just sold AUDJPY at 75.154. The system recommends entering this trade at any price between 75.021 and 75.355. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.29, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 75.957 and a profit target has been set at the 1 Day ATR level at 74.621. 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.