USDJPY - Short Term Plan

it is obviously to be a head and should pattern .
But if i directly bid into market , I need 338 pip Stop Loss , and the resistance is at 105 as Target price.
the PL is nearly 1.
it is not a good trade.
therefore i use the following concepts to reduce my risk and rise the PL.

a.Closed Price break the neckline ,it fit the situation of Adam theory usage,my projection target price is also 105.
But I am more concern about how to reach the 105.
By projection and compare to 3rd and 4th wave of the Elliott Wave ,I evaluated the possible position of 3rd and 4th.

b. 3rd and 2nd is too close , therefore is not a good timing enter market at market opened.
I planned go into market after 4th wave appeared.

c. If the price run as my expect , I can rise the PL to 3.3 ,I think this is good trading opportunity.

d. I expect the order will enable at 20210208. then it will closed before 20210210.

取消訂單:

After the 3rd wave emerged.
The 4th break the current trend.
the 1234 wave become a W pattern,
therefore I think current trend is consolidation.
Need to wait the trend appear.