$SPY Cypher, watching 786 trigger 🎯

28 dic 2022

SPY has a very clean cypher, I will play this with layered options to control risk. Watching 786 level/ trigger of this cypher and my final target will 886 of the bearish bat pattern highlighted🎯

Calls on watch SPY 380's, 390's & 420's. Calls will be bought layered different strikes. I will post upon entry on price action confirmation @ trigger level= SPY$ 361-362.25$ level. Remember to always look left for demand/structure @

trigger level (786 Fib). Please see chart for details

Tp1 Stop is even (382)

Tp 2 (618)

Tp 3 (886 of larger Bat pattern)

Stop Below X

Please let me know your thought's on SPY

Thanks for looking & Happy New Year to all 🎆

Good luck 💸💸💸💸💸💸💸💸💸💸💸💸💸💸