US Oil still in down trend, and the price cannot pass the strong resistance at 34$. The price rejected from MA200 too.
There is a chance that the price will reject from the supply zone, and drop down to the 1.618 (Fibonacci level)
GBPUSD already breakout above the MA200, The buyers win the sellers, due to the price just now above the supply zone,
My plan for gold , The gold still in uptrend, however there is a demand zone, the price can drop to the demand zone then rejected to up trend again, The second plan is, when the price fail to demand zone, It will go down side, So I will short sell.
Looking to buy above demand zone, Entry with small risk, Stop loss just below the trend line, and the profit targets are very nice risk to reward ratio.
Target 1 Touched +50Pips, Trailing Stop loss another positions to +2Pips, Then next target is 100Pips with no risk.
ready to go up again, waiting to buy at break out and put stop loss below the previous swing low, nice risk to reward.
Sell at break out for price action : Inside bar break out
Sell NZDUSD at supply zone, nice risk per reward ratio, and confirmed with CCI overbought zone.
Buy at demand zone , in uptrend, 30mins chart. nice risk per reward,
There is a chance to get a good profit with small risk trading, If the trend change to uptrend. The price just broke the supply zone.