The Breakout Opportunities system has just bought EURJPY
at 125.853. The system recommends entering this trade at any price between 125.8 and 126.035. The signal was issued because the EURJPY
has broken its 24-hour high while our Speculative Sentiment Index was at -1.285, suggesting that the EURJPY
may have further to rise. A stop loss has been set at the 24-hour low of 125.643 and a profit target has been set at the 1 Day ATR level at 126.58. 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.
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.
Signal ID: 65019
Time Issued: Friday, 19 April 2019 14:24:15 GMT
Entry: 125.8 - 126.035
Stop Loss: 125.729