EOS Double Bottom Reversal

I've started learning trading for about a month and am full-time learning.
I've been reading trading books for the last few weeks and well ... had a few bad trades as well so want to get back into making my next trades by planning more carefully.

I am trying to implement what I've learned and feedback is very much appreciated!

Some key points:

• EOS reached a supply/demand zone marked in blue, some people may want to re-enter right now
  
• A potential double-bottom is forming that may indicate a trend reversal back up (See unsure notes with a question)
  
• The overall trendline is also being hit, another indicator that it may go back up if it holds support
  
• RSI is at oversold, it may still continue to be oversold and continue to drop but support seems to be strong as indicated by strong volume to hold the support + there's a rejection candle (though the candle is not that strong)
  
• Since the rejection candle isn't very strong, there could be a risky entry right now or a safer entry later once double bottom has been confirmed
  

Things I am unsure of:

Is a double bottom reversal valid? Technically we're still in the overall uptrend but right now it's a short downtrend
Is my stop-loss too generous? I based it upon 2x ATR from the risky entry point
I am not sure where to place the exit for take profit. Should it be at least at 2x the previous move or could it be based on ATR as well?
Is the safe entry point actually the right moment when it can be considered safe?

OMG my first public idea is out