Going Short in WTI USD

Hello Traders


WTI USD CFD Forexcom.

Trend Analysis: Downward
Formation : Double Tops (AE)
Possibility : Bearish Continuation
Probability to hit tragedy: 69.00%


Trade Plan.

Long / Buy Trade.
Entry Level on the break of the Pattern NECK line at FIB support blue line @ 7580.0

Take Profit @ Pattern Projection @ 6433.0

Stop Loss @ Daily Support Level / FIB 0 % Level 7848.00

Lot Size :
Portfolio Size 10000
Risk to Reward 1 : 1
Lot size 32 units @ 5% Risk

TP = Total PIPS in gain = 1407 Profit 15.59 %

Total PIPS in Stoploss = 8 Loss 2.79%