If Gap down breaks trend line,
Short at 97.5 or higher
Stop 103
target 81
Risk/reward=5.5/16.5=1:3
If Gap down below 97.5, wait for pullback.
if gap and run, do not chase, let it go.
This is a trading school homework. I make no promises or guarantees of earning.
I need next 6 months to practice my trading plan, and learn from my teachers continually.
If you like it, thank you for your support. Please use SIM account to try it, until my trading plans get high winning rate.
In real trade, I use options. Using Option allows me to set my stop behind next fresh demand/supply zone, to avoid being stopped at the same price as other stock traders.
Sum of my ideas: 1 winner, 0 loser, 1 active, 1 cancelled, 6 pending for condition, 1 analysis only.