As you can see in my status (btw a new feature in tradingview), I'm going to recover that loss, by being long NZDJPY. I find this pair's outlook much better than NZDCAD. Perhaps, it doesn't look too beautiful at the moment, but I've been through those lengthy bottoms before it should go up sooner or later. I'm also long AUDJPY.
1) enter at the current market price, so you don't miss it, but get filled at a higher price, and if the pattern fails, you lose for sure.
2) enter at the grey sloped line, so you get the best price possible, but you may miss it, , and if the pattern fails, you lose for sure.
3) enter with a buy stop order following the price (with that order) as it goes down, bar by bar on M5 or M15, so you get filled as low as you can, you're sure you don't miss it and if the pattern fails you may be lucky not to have been filled.