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Industry Analysis Checklist  Form

Industry Analysis Checklist Form

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Instructions and help about Industry Analysis Checklist

let me show you the trading checklist and it took me seven years to figure out number one is we're looking for a resistance or support level that the market previously created generally this is off of just a double top and then you're looking for the bar to come up there again and bet the Market's gonna go lower the next thing is making sure that uptrend is broken right here we can see there's a pretty clear uptrend in the market and then you want to see that uptrend broken so it's pretty much broken at this point and it's showing some weakness and so the third step is seeing it make an attempt to keep going higher right here that massive Candlestick right there was a really good attempt to keep going higher so that's step three and then step four is just seeing a really big rejection candle and so it kind of did both of the same things at the same time it did step three and four at the same time and then I just jump in on a short

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