This trade is part of a bigger overall position I am taking on.
The aim is to in the end have a total position built up by several individual trades with an absolute RISK of ≈1.830 pips and a REWARD of ≈7.110 pips, if all trades are held from beginning to end and they all get triggered. Looking for an overall RR ratio of ≈4:1.
This positioning fits my criteria both fundamentally and technically.