The Breakout Opportunities system has just sold AUDJPY
at 79.163. The system recommends entering this trade at any price between 78.978 and 79.313. The signal was issued because the AUDJPY
has broken its 24-hour low while our Speculative Sentiment Index was at 1.564, suggesting that the AUDJPY
may have further to fall. A stop loss has been set at the 24-hour high of 79.763 and a profit target has been set at the 1 Day ATR level at 78.423. 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: 63940
Time Issued: Tuesday, 26 February 2019 09:01:15 GMT
Entry: 78.978 - 79.313
Stop Loss: 79.763
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.