after completing the flat we started a wave up and then a wave down then up and finally down. I think this wave down is probably the forth wave of a impulse regardless of it's degree. So to determine the take profit and stop loss i suggest to use wave 1 territory, that would invalidate my count. For take profit i used fib extension of wave 1 to 3 and starting from end of wave four. You can use a stop buy order above the termination point of wave 3 but i like the aggressive way. It up to you.