I'm not an expert. but it looks like your sell circle on the end there is above your base. This might work for you possibly, but not gaurenteed. Lucs method for the highest chance of making profit on your trade would be to buy "BELOW" the base youve circled on the right and then set your sell order right back at the base. Its almost 100% that the price will bounce back to the base when the price cracks below it. It is possible that it will go higher than the base and you could make a bit more. but sometimes it only comes up to just at the base and continues to fall lower so your sell might never get filled for some time.

I might be reading your plan wrong. but it looks like you are planning to buy RIGHT AT THE BASE. Like I said earlier, Lucs strategy is to buy when the prices craks BELOW that base. I would wait to buy until it is at least a good 10% below as well.
Hope this helps a bit.
Sorry if I misread your comment and this information was unnecessary lol