GBPUSD Long Trade Setup

Hello Traders

I want to take a long trade for the completion of the higher degree correction. If a regular flat is in the making, the last bottom is the end of the B wave most likely since there is no more room at the bottom for more downside. Of course, it can drop, but in this case, the pattern wouldn't be a regular flat. Therefore I'm looking for long trade setups and what we have at the and could be the reversal impulse. That's why I placed a pending order with SL under the 1st wave. I calculated the lot size for a 0.5% risk since we are still in the downtrend and even if it can be a reversal pattern, what we have at the end looks like a correction for more downside.

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Bulent