If the pair re-enters this there might be some major falls to come. I have the entry as 111.968 with 400 ticks Stop loss at 112.368 and take profit of 6000 ticks at 105.968. This yields a risk reward ratio of 15:1. If the price moves 400 or 800 ticks, I would move the stop loss to the entry price. This all depends on the price action or other movements.
If the price moves strongly upwards, then the USD might resume major strength, therefore my Stop is quite small.
I keep the full position in line with the original take profit price I have placed.
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