Breakout Identified in USDJPY
The Breakout Opportunities system has just bought USDJPY at 112.722. The system recommends entering this trade at any price between 112.508 and 112.863. The signal was issued because the USDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.271, suggesting that the USDJPY may have further to rise. A stop loss has been set at the 24-hour low of 111.865 and a profit target has been set at the 1 Day ATR level at 113.287. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. 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: 59710
Time Issued: Tuesday, 30 October 2018 06:56:15 GMT
Status: open
Entry: 112.508 - 112.863
Limit: 113.287
Stop Loss: 111.927
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
79.79% 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: 59710
Time Issued: Tuesday, 30 October 2018 06:56:15 GMT
Status: open
Entry: 112.508 - 112.863
Limit: 113.287
Stop Loss: 111.927
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
79.79% 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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