Might be a good idea to add on a pullback, but keep stop near recent lows, to reduce risk.
ノート
If target reached before the entry - that invalidates the trade.
Posted a conservative entry price, so as to keep to a good R:R, sadly, we may never hit it before invalidation. Still better to be patient, than just jump in randomly.
Follow me for some interesting Risk:Reward ideas. I have a purely technical analysis approach. I mainly watch and trade US stocks that have weekly options. This is not an investment advice, do your own due diligence.