As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.28.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.2875.
TP4: R2=1.291.
Set the stoploss of these orders at breakout of S2=1.278.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.278.
In this situation, there is an expectation to reach the target S3=1.27.
Set the stoploss of reverse orders at breakout of S1=1.28.