Breakout Identified in GBPJPY SELL

OANDA:GBPJPY   British Pound / Japanese Yen

138.445 - 139.001 Add to Watch List
Signal ID: 65711
Time Issued: Thursday, 23 May 2019 18:14:15 GMT
Status: open
Entry: 138.445 - 139.001
Limit: 137.677
Stop Loss: 139.251

The Breakout Opportunities system has just sold GBPJPY at 138.701. The system recommends entering this trade at any price between 138.445 and 139.001. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 9.782, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour high of 139.9 and a profit target has been set at the 1 Day ATR level at 137.677. 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.
Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out