In order to catch the move while you are away, you set a sell limit at and at the same time, place a related buy limit at , and just in case, place a stop-loss at As an OTO, both the buy limit and the stop-loss orders will only be placed if your initial sell order at gets triggered. Testing your limit order settings in a forex demo account is also useful. In most cases you will want the limit order to be further from your starting point than your stop loss, even after spread is taken into account.
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You believe that price will continue in this direction if it hits 1. Erroneous trades are more common than you think!