Take entry at the high of Child Candle. For safety, you can take a 3-5% buffer.
Stop Loss will be low of the child candle.
R= Difference between Buy and Stop Loss
Target 1 - Buy + R
Target 2 - Buy +2R
Stop Loss will be low of the child candle.
R= Difference between Buy and Stop Loss
Target 1 - Buy + R
Target 2 - Buy +2R
Order cancelled:
BTC didn't cross the High of child Candle