The previous move looks like an impulse for short-term and what it doing now is a correction(probably expanding flat). There is also enough support for good trade support and the RR is also attractive for short-term.The profit can be trailed as there are chances for huge up move.
Note
23-03-2020 IF YOU ASSUME, THE POSITION SIZE IS BASED ON MAX RISK OF $100 SI SYMBOL OP/CL MAX RISK RR W/L P/L 1 XAUUSD CLOSED $100.00 1.6 WIN $160.00 2 BTCUSD CLOSED $100.00 2.86 WIN $286.00 3 NATGASUSD CLOSED $100.00 1.38 LOSE $-100.00 4 EURUSD CLOSED $100.00 1.9 LOSE $-100.00 5 USDJPY CLOSED $100.00 1.5 WIN $150.00 6 EURCAD OPEN $100.00 1.8 ----- -------- 7 USOIL CLOSED $100.00 4 LOSE $-100.00 8 USOIL CLOSED $100.00 1.75 WIN $175.00
AVG RR=2.10 NET P/L=$471.00
Note
THOSE ARE PREVIOUS DAY TRADE IDEA... PLEASE DO CHECK IT OUT
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