Breakout Identified in AUDJPY

The Breakout Opportunities system has just sold AUDJPY at 81.929. The system recommends entering this trade at any price between 81.764 and 82.113. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.74, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 82.666 and a profit target has been set at the 1 Day ATR level at 81.268. 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: 60452
Time Issued: Thursday, 06 December 2018 00:56:15 GMT
Status: open
Entry: 81.764 - 82.113
Limit: 81.268
Stop Loss: 82.526

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