I think we're now in the B sub-wave of the forth wave. a Good lay with a good R:R is to wait for the forth wave to cplete and then wave for the fifth wave. However I'm at the end of day and will look at it again tomorrow.
Trade closed: stop reached
Comment:
So the trade was canceled by a wick and then followed the projected path, on its way to meet the original target. But the question is given the available info at the time should I have created a wider stop loss? have to investigate