Possible All State Trade Setups

I'm lookin at two possible All trade setups:

Long Swing Trade:
breakout from descending channel

Position: 7Dec 120 Calls
Entry: ~116
PT1: 120
PT2: 125

Long term Trade:
Holding support at 125 will trigger initial entry and DCA accumulation

Short Swing Trade:
PA back to bottom of channel

Position:
Entry: ~114
Position: 17Dec 110 puts
PT1:110

Trade active:

After reconsidering, I opened a 17Dec 115 straddle

I'll cut the if the price breaks down from wedge and cut the put if the price breaks above 116 with volume