Thone1,
You might have flown this approach already, it's in Stuttgart, for rwy 07. I'm using a LIDO chart.
The holding is at TGO VOR, which is South of the airport.
Gooneyone,
If you fly on the 048°, you get closer to the airport. And I think the rule of 30° is to start a reciprocal turn or a racetrack pattern. This is just a downwind leg.
LeNautilus