Trading Checklist
Fundamental:
United States
- Recent GDP Report: -8.5
- Inflation Rate: +0.5
- Recent Interest Rate Change: +0.75
Technical:
- Could be at the start of an abc wave. I wonder if it could turn impulsive.
- Stochastic is in an overbought state.
- Bearish doji candle spotted while bullish volume broke down a bit.
- Current and recent candles may be indicating that the 20 HMA may carry us to the 200 HMA where price feels safe from time to time.
Final Notes:
- Set stop loss at wave b top to see if the wave is invalid and will reassess if hit.
- Set three target
o 38% (Risk reward ratio: 1.03)
o 61% (Risk reward ratio: 2.28)
Fundamental:
United States
- Recent GDP Report: -8.5
- Inflation Rate: +0.5
- Recent Interest Rate Change: +0.75
Technical:
- Could be at the start of an abc wave. I wonder if it could turn impulsive.
- Stochastic is in an overbought state.
- Bearish doji candle spotted while bullish volume broke down a bit.
- Current and recent candles may be indicating that the 20 HMA may carry us to the 200 HMA where price feels safe from time to time.
Final Notes:
- Set stop loss at wave b top to see if the wave is invalid and will reassess if hit.
- Set three target
o 38% (Risk reward ratio: 1.03)
o 61% (Risk reward ratio: 2.28)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.