Breakout Identified in GBPJPY
The Breakout Opportunities system has just sold GBPJPY at 139.89. The system recommends entering this trade at any price between 139.61 and 140.132. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.85, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour high of 140.857 and a profit target has been set at the 1 Day ATR level at 138.77. 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: 60918
Time Issued: Monday, 31 December 2018 15:58:15 GMT
Status: open
Entry: 139.61 - 140.132
Limit: N/A
Stop Loss: N/A
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% 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: 60918
Time Issued: Monday, 31 December 2018 15:58:15 GMT
Status: open
Entry: 139.61 - 140.132
Limit: N/A
Stop Loss: N/A
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% 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.
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.