Breakout Identified in AUDJPY

24 sept 2018

The Breakout Opportunities system has just sold AUDJPY at 81.891. The system recommends entering this trade at any price between 81.725 and 82.001. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.393, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 82.332 and a profit target has been set at the 1 Day ATR level at 81.228. 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: 58987
Time Issued: Sunday, 23 September 2018 21:00:16 GMT
Status: open
Entry: 81.725 - 82.001
Limit: 81.228
Stop Loss: 82.289

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

79.79% 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.