Put every decision in order
A trade plan is a sequence of decisions. Each step must make sense before you move to the next one. If one part does not fit, pause instead of forcing the trade.
Press Play the plan to follow the RH example from the first idea to the completed plan.
Build the plan
Ready to build the RH trade plan.
1 Choose the tickerRHRH
Study one company you understand.
2 Read structureBullishIs the larger move intact?
The completed monthly structure remains bullish above the $73.14 swing low.
3 Check momentumWeakeningHow strong is the ride?
Monthly momentum is bullish, but weakening. Wait for clearer price confirmation.
4 Map the levels$115 AOIWhere can price react?
Mark P-Trans, N-Trans, and the strongest nearby AOIs on the chart.
5 Set the entry$121.70What must happen first?
Enter only after RH holds above the bullish P-Trans trigger.
6 Choose the destination$147.25Where can the trade go?
Use the quarterly price target tied to the next earnings cycle.
7 Define invalidation$115.01Where is the idea wrong?
Exit if RH loses the strong AOI used to support the long plan.
8 Size the position74 sharesHow many shares fit the risk?
Risk $500 and divide it by $6.69 of planned risk per share.
✓ Completed plan3.82 R:RWait for RH to confirm
Long above $121.70, stop near $115.01, target $147.25, maximum 74 whole shares.
Write the plan as one rule
I will consider a long RH trade after price holds above $121.70. I will use $115.01 as the invalidation level and $147.25 as the quarterly target. With $500 of planned account risk, I will buy no more than 74 whole shares.
Update the plan if Eden’s transition levels, AOIs, or price targets change before the entry. Once the trade is open, follow the invalidation and risk rules you wrote down.