Breakout Identified in EURJPY

1 Okt 2018

The Breakout Opportunities system has just bought EURJPY at 132.2. The system recommends entering this trade at any price between 131.944 and 132.416. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -2.345, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 131.174 and a profit target has been set at the 1 Day ATR level at 133.063. 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: 59139
Time Issued: Monday, 01 October 2018 07:51:15 GMT
Status: open
Entry: 131.944 - 132.416
Limit: 133.063
Stop Loss: 131.174

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.