Signals 02/07

 

Hey guys, I’m back with some more ideas for the next trading session

First, let’s see how last time worked out

EURUSD – I recommended a short If the price holds below 1.1220. the price tried to hold below, but after an impulse it became clear that there’s no entry to be had

EURUSD
EURUSD

GBPUSD - same thing, the price reversed, so no entry

GBPUSD
GBPUSD

USDCAD – I recommended a long, but an impulse destroyed our dreams of an upward trend, by denying entry points

USDCAD
USDCAD

NZDUSD – same thing, the price impulsed the other way to my idea, no entry

NZDUSD
NZDUSD

XAUUSD – I recommended a long, and an impulse hit my first target

XAUUSD
XAUUSD

FB – I recommended a long, which worked out great, hitting both my targets

FB
FB

NFLX – I recommended you short, and the price spiked my first target, after reversing very confidently, reaching an all-time high

NFLX
NFLX

LMT – I recommended a long, if the price impulses out of the dynamic resistance, and I’d say the idea still works, so if anything stay in position.

LMT
LMT

That’s it for last time, let’s move on to today’s ideas

EURUSD – The price is close to an important resistance level at 1.13, I expect either a false breakout, pullback and fractal, in which case you can short with a target at 1.1240, or an impulsive breakout of the level, also followed by a pullback and fractal on the other side, in which case you can long with a target at 1.1350.

EURUSD
EURUSD

GBPUSD – Absolute same idea, the price is near a resistance at 1.25, either an impulsive breakout, and a long with a target at 1.266, or a false breakout pattern, in which case short with a target at 1.244.

GBPUSD
GBPUSD

NZDUSD – the price is inside a level at the moment, this could also go either way. Look for a breakout pattern or false breakout pattern, and enter accordingly with a short target at 0.64 and a long target at 0.6565

NZDUSD
NZDUSD

XAU – the price is in a range right now, so we wait for an impulsive breakout, and then enter in the same direction, long target at 1790, short target at 1740.

XAUUSD
XAUUSD

Oil – the price just broke out of a level at 40, if it manages to hold above, long with a target at 41.50.

Oil
Oil

ADBE – it’s looking strong right now, like most of the stock market, very bullish. The price just broke out of a resistance 437, and is trying to hold above, you can long is it manages a few more candles with a target at 448.

ADBE
ADBE

AMD – The price got a bounce for a support level at 49, right now its inside a resistance around 52 if it manages to hold above, long with a target at 55.

AMD
AMD

That’s it for today, I hope you found this useful. Have a good one.