Terminating Wedge/Channel at a Bottom (EURGBP, D1)

A wedge or channel found at the bottom of a down-trend is terminating (means it ends the trend). The key is that it has to reach a certain level before it can reverse (that's the wedge ending level on the chart in green). The target is the minimum distance that I've researched that it should go. If wrong, we can always target the top of the channel.