Test of the EW 1-2-1-2 setup with two pitchforks, one from the March lows to August high (W1 to W3), and another from Sept lows to Oct highs (W4 to W5). Confluence of EW setups with both pitchfork around $40.
My trade plan is Jan 15 $40 calls for a quick 30-50% scalp.
For less volatility, April calls or common shares can be an alternate route.
My trade plan is Jan 15 $40 calls for a quick 30-50% scalp.
For less volatility, April calls or common shares can be an alternate route.