Published:February 5, 2026

⚡Trading Ideas for February 6, 2026

Margarita Spanou
Written byMargarita Spanou

Disclaimer: The following ideas are provided for educational purposes only. They do not constitute financial advice and come with no guarantees.

Event risk (NFP day): Prefer confirmation (break + close / reclaim) and avoid forcing entries into the release.

1) EUR/USD — Breakout Buy Above 1.1860

Current price (approx.): 1.1805

  • Bias: Bullish only on confirmation.
  • Entry trigger: Break and close above 1.1860.
  • Suggested stop-loss: Below 1.1815.
  • Potential targets: 1.1925, then 1.1980.
  • Risk note: If it snaps back below 1.1860 quickly, treat it as a false breakout.

2) GBP/USD — Breakdown Sell Below 1.3600

Current price (approx.): 1.3647

  • Bias: Bearish only on confirmation.
  • Entry trigger: Break and close below 1.3600.
  • Suggested stop-loss: Above 1.3665.
  • Potential targets: 1.3530, then 1.3465.
  • Risk note: If it reclaims 1.3600 quickly, step aside.

3) USD/JPY — Reclaim Buy Above 157.20

Current price (approx.): 156.92

  • Bias: Tactical bullish only on confirmation.
  • Entry trigger: Break and close above 157.20.
  • Suggested stop-loss: Below 156.55.
  • Potential targets: 158.10, then 158.70.
  • Risk note: JPY pairs can wick hard around data—wait for a clean close.

4) BTC/USD — Reclaim Buy Above 67,000

Current price (approx.): 65,394

  • Bias: Bullish only on confirmation after the sell-off.
  • Entry trigger: Break and close above 67,000.
  • Suggested stop-loss: Below 65,800.
  • Potential targets: 70,200, then 72,800.
  • Risk note: Volatility can be extreme—avoid chasing without a close.

5) ETH/USD — Reclaim Buy Above 1,980

Current price (approx.): 1,920

  • Bias: Neutral-to-bullish on confirmation.
  • Entry trigger: Break and close above 1,980.
  • Suggested stop-loss: Below 1,900.
  • Potential targets: 2,080, then 2,170.
  • Risk note: If it fails back below 1,980 quickly, treat it as a false breakout.

6) SOL/USD — Breakdown Sell Below 79.0

Current price (approx.): 81.42

  • Bias: Bearish only on confirmation.
  • Entry trigger: Break and close below 79.0.
  • Suggested stop-loss: Above 82.5.
  • Potential targets: 75.0, then 72.0.
  • Risk note: Alts can reverse fast—keep risk tight.

Important: Confirm setups with your own analysis and apply strict risk management. Forex and crypto trading involve substantial risk.