Breakout Identified in EURJPY

25 Sep 2018

The Breakout Opportunities system has just bought EURJPY at 132.662. The system recommends entering this trade at any price between 132.472 and 132.881. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -2.542, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 131.901 and a profit target has been set at the 1 Day ATR level at 133.539. 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: 59003
Time Issued: Monday, 24 September 2018 13:04:16 GMT
Status: open
Entry: 132.472 - 132.881
Limit: 133.539
Stop Loss: 132.342