On of the most common causes of failure for new traders is not understanding risk/reward. Trading View charts have a neat little tool (at the purple arrow on the left) to look at risk reward before placing a trade. It is quite easy to understand. You would not place a trade if it has a reward of less than 1:1. I like to have 2:1 or greater reward to risk. I don't need to use this tool because I am experienced but if you are starting out you might like to have a look at it. You set the top line at the stop above resistance (the risk). The center line where you would place the trade. The bottom line at the target or major support ( the reward). In most cases the reward will be much greater than what you expected initially if you have got the trade correct. Sometimes you wont reach the target before closing the trade. Some traders will set a limit order at the reward line to take profit. I don't trade that way and I don't understand why you would limit your profit in a trade. The important point is you have an idea of what you are getting into before placing the trade.
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EUR/USD weekly chart
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