Breakout Identified in GBPJPY
The Breakout Opportunities system has just sold GBPJPY at 134.489. The system recommends entering this trade at any price between 134.287 and 134.631. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 10.54, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour high of 135.057 and a profit target has been set at the 1 Day ATR level at 133.68. 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: 67047
Time Issued: Monday, 22 July 2019 08:40:16 GMT
Status: open
Entry: 134.287 - 134.631
Limit: 133.680
Stop Loss: 135.057
Signal ID: 67047
Time Issued: Monday, 22 July 2019 08:40:16 GMT
Status: open
Entry: 134.287 - 134.631
Limit: 133.680
Stop Loss: 135.057
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