Trade planning is a four part process.

1. Forecast

Where is the price going?

2. Trigger condition

What has to happen to confirm the price is going there?

3. Invalidation & risk

When the trigger condition has been met, what would invalidate the trigger condition (meaning that it is no longer met)?
How far does price reverse to confirm invalidation (this is risk)?

4.Target & reward

If the price were to continue from trigger to forecast is there sufficient r:r to justify the trade?