4h as my main, then 1hr to see a closer picture. Then I use the 30m to plan my entry and exit points.
The reason I personally choose the RSI (7) is because, I am using a 30 Minute chart to plan my trade and the indicator is not lagging behind too much (like a RSI 14 does)
Use the 7 for a lower time-frame (1hr & 30m for example), but for the 240m use the 14..
As for your profit bot on the bottom blue line >> Use this as a confirmation and if price breaks below and closes below it, then go for target one or 2, you could then adjust your stop loss to >> 185.115 and ride the pattern.
Round off, Nice chart, just minor inprovements!
Great Work, and all the best for this trade!