BP Long

Downtrend Channel breakout, revisit trendline
Breakaway Gap. Trendline break
ABC Patten:
Swing A crossed SMA50 (1st) and SMA200 (2nd), -- Wave#1
SMA50 Crossed SMA200, -- Golden Cross.
Swing B tested SMA200 as support. -- Wave#2
Swing C will be not less than A; -- Wave#3

Entry 21.5
Stop 20
Target 27

I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.

Trade active:

Option trade at open:
Buy Jul Call 23, limit 1.55,
Delta=0.45 Theta = -0.01
Stop below 20

Trade active:

Sell Jul 26 Call, limit 1.27,
Hold Jul C23/26, cost 0.28

Trade closed: target reached:

close 1.83, small winner.