Breakout Identified in GBPJPY
The Breakout Opportunities system has just sold GBPJPY at 142.591. The system recommends entering this trade at any price between 142.296 and 142.695. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.521, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour high of 143.007 and a profit target has been set at the 1 Day ATR level at 141.411. 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: 63782
Time Issued: Tuesday, 19 February 2019 01:34:15 GMT
Status: open
Entry: 142.296 - 142.695
Limit: 141.411
Stop Loss: 143.007
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.88% 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: 63782
Time Issued: Tuesday, 19 February 2019 01:34:15 GMT
Status: open
Entry: 142.296 - 142.695
Limit: 141.411
Stop Loss: 143.007
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.88% 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.