This is also seen in the 1h timeframe where we recently had a more consolidating period. This allows both a or, as in this case, a to work well.
It is often in consolidating periods that patterns show their best side when using standard target prices (38.2% and 61.8%).
Awaiting test of the entire PRZ where the defining level is the 88.6% (XA).
As always, a "type-1" trade is more aggressive when it comes to trail the reaction and picking a profit if you see a slowdown in the reaction.
(Of course, this is something you should have in your trading plan and tested - so you know how aggressive you can be without losing your "edge".)
Stop loss placed below X but keep it tight.
Target prices are standard 38.2% and 61.8% for a second position.