Monthly Demand Zone (19-24) Weekly RSI below 30, and divergence
Entry 24.6 Stop 19 Target 33, 41
Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
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Buy 2023 March C25 Limit 1.92 Sell 2023 March P20 Limit 0.82x2 Total cost 0.3 Total Delta 0.9
Stop below 19 in this option
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Sell 2023 March C30 Limit 1.00 BuytoClose P20 Limit 0.48x2 -- win 0.76 Hold Mar 2023 call spread C25/30. Current total cost: 1.92-1-0.76=0.12.