My First Technical Analysis

FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Learning how the market behaves,

My analysis based on Fibonacci level, pullbacks and trendline .

earning how the market behaves .. I setted a buy limit order at the 78% Fibonacci Level (first red point right after braking the my down trend line ).

What I want to find out is:
How long may it take to reach my entry price?
How do I decide my SL level? (I did put it 10 pips under my entry price)
What impact does it have when the price did first broke my tend line?
At what point should I move my TP level and my SL level to keep my order in the game?
Its already moving nice,.here mine 240 view
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