for LONG my first target was the local swing high at point B approx $16,000, second at ATH around $17,000
Stop loss was below the setup reversal candle at point E
Remember always uses areas of support and resistance for targets and stop losses. Percentages will dictate your risk: reward and give green light for trade entry. But the actual targets and stops should always be placed via support and resistance.
What ended up happening real time- is I saw a profit taking wick and Harami Cross start to form just above $15,500. I think the move maybe hit around 15650 or something. I exited within 1-2 hr around $15,450. So much volatility I wasn't willing to hold for too long- but I think it hit >$16K shortly after. Braver than me ;) Good luck