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Going Long in WTI USD ( Trend Analysis )

Long
FOREXCOM:USOIL   CFDs on Crude Oil (WTI)
Hello Traders :

WTI USD Forexcom
Buy / Long Trade Plan.

Entry Level @ FIB 23.6% Retracement 8782.5
Take Profit 1 @ FIB 78.6% Retracement 9123.0
Take Profit 2 @ 4 Hour Resistance 9233.2
Take Profit 3 @ 4 Hour Resistance / FIB Retracement 9305.8
Stop Loss @ Daily Support Level 8596.9

Lot Size :
Portfolio Size 10000
Risk to Reward 1 : 1
Lot size 3 units @ 5% Risk

TP 1 = Total PIPS in gain = 340.5 Profit 3.91 %
TP 2 = Total PIPS in gain = 450.5 Profit
TP 3 = Total PIPS in gain = 523.3 Profit
Total PIPS in Stoploss = 185.6 Loss 2.05%

Regards,

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