Sorry @RSQB, but your bleed lines are way out!
This is one of mine, which is bigger than your ones, as you can see the bleed lines are way smaller than yours, (this is after one of the Envato team told me to fix this issue.
And l have also pointed out the text issue.
Best to click on my Avatar image then the link provided to see all of my work, and get some ideas as to what is allowed and not allowed with text placement.
And this shows only one bleed line, (their should be three, so you pretty much got that right)
Remember that bleed lines are zero point one two five of an inch on one side, so are tiny, (like my example shows) and as said before make an shape with the same dimensions and measure from that.