It gave me a slightly less than 1 to 1 risk reward ratio to target 1 but it was ok for me. T1 was hit and now I'm waiting for second target :)
Thanks for the idea and greetings from a fellow advanced pattern trader!
As for stops, I always use 1,113XA. No matter what. I tried lots of stops variations during my backtestings and trading career: structure, 1,272XA, X+ATR, X+spread*3, X+10 pips and, of course, 1,113XA. 1,113XA is the best. There's an 80% probability that price will go further if it touched 1,113XA. So there's no need to have larger stops. Why? To save those 20%? If I turn 20% of my loosers into winners enlarging the stop, it means that I will have 80% of larger losses. See what I mean?