The Breakout Opportunities system has just bought EURUSD at 1.17732. The system recommends entering this trade at any price between 1.17611 and 1.17908. The signal was issued because the EURUSD has broken its 24-hour high while our Speculative Sentiment Index was at -1.8665, suggesting that the EURUSD may have further to rise. A stop loss has been set at the 24-hour low of 1.17247 and a profit target has been set at the 1 Day ATR level at 1.18437. 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.
Signal ID: 58999 Time Issued: Monday, 24 September 2018 13:04:15 GMT Status: open Entry: 1.17611 - 1.17908 Limit: 1.18437 Stop Loss: 1.17306
Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.