I've been really conservative and waited for the initial 1 hour bounce off the area to support the trade.
This is the first time I'm trying to trade the end of an Irregular Correction.
Let's see how it turns out.
The Stop is one cent below the C leg low.
The initial target is at the previous high.
If it turns out to be true, higher highs are expected.
It's unfortunate that the trade has failed but it's more unfortunate to see such great harmonicity at 1276 has failed.
I hope it wouldn't get to a time that such failures become so common that it wouldn't be possible to trade Fibs at all.
Wish you all the best,