The last days FB dropped like a rock.
It stopped at the CL of the long term Fork where I see confluence with the A/R set.
I'm going long with options.
Below you also see the whole Fork and how it is setup.
Below you see FB, having a hard time to trade back up to the U-MLH, or even to the GAP.
If this trade is closing negative for one day, then I close the trade.
More to follow...
Closed FB with a loss of round $200 p.c.
In hindsight I could have made over $300 per contract on the rise after the hard drop the first day.
But hey, it's just a trade and more important is, I followed the plan.