Aggresive spread close to the market is set for seasonal growth. 15year averrage price of this spread is around 12 points. Therefore the price around 0 is way too low to let this spread go without us.
Entry: Once the %R will close above -80, entry the trade.
SL: SL can be set below the recent low
PT: Spread reached this year 8 points, so 1st PT should be about 8 points. The 2nd PT can be about 12 points, which is still very real.