Signal ID: 67668 Time Issued: Thursday, 22 August 2019 06:04:15 GMT Status: open Entry: 128.647 - 129.018 Limit: 127.963 Stop Loss: 129.448
The Breakout Opportunities system has just sold GBPJPY at 128.875. The system recommends entering this trade at any price between 128.647 and 129.018. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 10.317, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour high of 129.448 and a profit target has been set at the 1 Day ATR level at 127.963. 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.