Just take a look on this chart. Price bounced from Key Weekly Level, it's are so powerful on FX Market.
At this moment you have a chance to open a deal with R:R — 1:6 or bigger. Because, price come to key buy zone. From which price could move up 300 – 400 pips.
Open Long near: 1.3332
Stop we should put under key level 1.3310. If the price will break down 1.3310 and D1 close under it, that will be a signal for short.
If the price will break up 1.3490 we can move S/L into breakiwen
In this situation, my strategy is to shift my S/L up after the price.
235 pips of profit