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.
Comment:
THOSE ARE PREVIOUS DAY TRADE IDEA... PLEASE DO CHECK IT OUT
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