Making a parallel entry the aircraft parallels the inbound track it does not backtrack along it. This gives the aircraft some advantage with regard to radius of turn when turing inbound.
In a racetrack when making a parallel entry it is mandatory to regain the inbound track prior to reaching the beacon.
For Calais, if the speed is below 130Kt, the aircraft can only enter the racetrack after first entering the hold.
Since you are at 120Kt, you have no choice but to make an entry to the hold and then fly the racetrack.
Regards,
DFC