If you want take this trade, take quick profit, daily trend up
Buying for a pull back after the BO below a monthly trading range, i personnaly ised a wider stop and if the preimises will be still valid i will scale in lower. the BO could even fal and start a bul tren that will last weeks, going to test the middle of the range first and maybe the other side of the range FX:USDCHF
pullback at resistance in strong bear trend
buy the dip and maybe scale in lower