I have placed my entry at current market price because it gave me the opportunity for a 2:1 risk reward ratio; although i do believe that the market could continue in uptrend for a few more pips.
I have placed my stop at previous structure , in this case , being the top of the ; because i know that if the market breaks that structure, the pattern is a bust .
I have placed my limit at the of the BC leg, for the normal consistency, but also because the market appears to be missing that negative standard deviation line by a few pips, and i want to make sure i get closed out before the market consolidates or reverses.
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