beginner here. Can you explain how you came up with that particular Risk-reward-ratio?
Cape-Peninsula-Capital
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@blakewhite, no problem. The reward/target was the 1:1 projection of the former range, the risk was below the breakout area. You always want to try to get a RRR of at least 2:1. If you reduce your risk will get a higher reward but also a lower hitrate. There you have to find out what suits your personality. Have a nice week and good luck with your trading!