Breakout Identified in EURUSD

FX:EURUSD   Euro / U.S. Dollar
Signal ID: 73123
Time Issued: Friday, 28 August 2020 07:26:15 GMT
Status: open
Entry: 1.18628 - 1.19144
Limit: 1.19704
Stop Loss: 1.17643

The Breakout Opportunities system has just bought EURUSD at 1.18957. The system recommends entering this trade at any price between 1.18628 and 1.19144. The signal was issued because the EURUSD has broken its 24-hour high while our Speculative Sentiment Index was at -2.65293, suggesting that the EURUSD may have further to rise. A stop loss has been set at the 24-hour low of 1.17643 and a profit target has been set at the 1 Day ATR level at 1.19704. 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.
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i love the Simplification , confluence factor for Breakout system. In general i am looking for targets around psychological level 1.95000 level. Also i would suggest improving the risk to reward ratio
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