With a bounce on the lower orange trendline, I'd say now is the time to enter, as you can have a tight stop below the trendline and the 20 . Normally I like to wait for confirmation of the break of the , but in this case I would probably just play the third retest of the top of the . Once it breaks out of this , there will be very little upside left, considering the massive strength of the 26. 40 .
Only small positions only for this play, hoping to make 20% on a monthly call option. Manage your risk.