Week 1OCT2023 AUS200 Sell Setup

# Trading Checklist AUS200

- [x] **Rule** Is there any setup?
- [ ] NO Setup NO Trade
- [x] SBR
- [ ] RBS
- [ ] QML
- [ ] QMTR
- [ ] BLINDSPOT
- [ ] Use a trend-following setup.
- [x] YES
- [ ] I love Risky way
- [x] Analyze from a big time frame. Define the Entry Zone
- [ ] 30M 4H
- [x] 15M, 1H
- [ ] Is there any News (interest rate Decision)
- [ ] Yes
- [x] No
- [x] Set both buy and sell zones on a higher timeframe such as 4H or Day for TP and Entry Area.
- [x] YES
- [ ] No
- [ ] Is it in Premium Zone?
- [ ] FIBO 61.8
- [ ] FIBO 78.6
- [x] FIBO 50
- [ ] Check Is in sideway?
- [x] YES Break Sideway
- [ ] NO
- [ ] Check Zone within Zone?
- [x] YES
- [ ] NO
- [ ] Is there Fake out zone
- [ ] YES
- [x] No
- [ ] The Risk-Reward (RR) ratio should be around 4 or more than 2. If there is an 80% chance of reaching the target, take it.
- [x] 1:3
- [ ] 1 :4-5
- [x] More
- [ ] Confirmation using Choch.
- [x] Risk Entry
- [ ] Confirmation Entry