Let me give you an insight to my trade and Risk appraisal:
The 5 min price movement shows formation of higher lows - implying an uptrend. The entry at 333 is above the high made after the first low & before the first higher low. The first low is less than 1% from entry point and hence gives a good RR.
I did not enter on the first break of 333, as my entry rule is to enter at a pull back.
Hope this helps!