FIVE LONG (Bull Pennant)

FIVE has been holding the 131.5 level fairly well the past month, previous resistance which now acts as support. Multiple rejections off that level. I'm expecting a break out from this consolidation (a partially visible bull pennant).

Optimal Entry
I will most likely open a starter position on Monday if 131.5 holds. Avg. down later if it breaks 136.5 and possibly on the red support as well.
PT1 138.8
PT2 green resistance
SL Major break of red support
Contracts
11/20 130/140c bull spread (net debit should be around 4.7)
Use S&R to decide strike prices go further out to mitigate risk.

I personally think this is a bullish set up but a few of my indicators are saying otherwise so this will be listed as a risky play. If it gaps up close it immediately, it has a bad history of selling off from gap ups. Stay green