I don't know anything about your tag, and I'm guessing most of the guys here won't either. You might be best off calling and emailing a couple game wardens in that area and getting their opinion. Be sure to explain your equipment choices,and get a sense of your chances. They probably won't be high, but then, no archery elk tag has a high chance of success
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Then just go with your gut! The real question is whether you want to deal with the challenges of that particular hunt, or not. If you have a "go get 'em" feeling about it, your hunt ought to be a blast, whether you kill or not.