TradingView
FXCM
Oct 26, 2018 9:11 AM

Breakout Identified in EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

The Breakout Opportunities system has just sold EURUSD at 1.13694. The system recommends entering this trade at any price between 1.13525 and 1.13844. The signal was issued because the EURUSD has broken its 24-hour low while our Speculative Sentiment Index was at 1.23073, suggesting that the EURUSD may have further to fall. A stop loss has been set at the 24-hour high of 1.14292 and a profit target has been set at the 1 Day ATR level at 1.13019. 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: 59652
Time Issued: Thursday, 25 October 2018 15:18:15 GMT
Status: open
Entry: 1.13525 - 1.13844
Limit: 1.13019
Stop Loss: 1.14292

Signal ID: 59652
Time Issued: Thursday, 25 October 2018 15:18:15 GMT
Status: open
Entry: 1.13525 - 1.13844
Limit: 1.13019
Stop Loss: 1.14292
Comments
COSMAS_MOSES
Very promising setup .


More