GAP Trade – Quick Checklist
Gap should be below/above previous day’s high/low.
What are the 20/50 MAs doing?
Mark Support & Resistance, Trendlines
Mark Gap High/Low
Where are the Pivot Points?
Is this is Trend break scenario or Trend Continuation scenario?
Scenario #1 – Price retrace’s immediately.
Wait for retrace to resistance or gap high
Stoch in extreme level
20/50 MA cross should have happened. [...]
