Here is an example of an perfect breakout setup in my opinion on M5 of UJ before this week...

From left to right, the first blue box is consolidation, which price breaks from, the right-most best blue line would be the entrance point, SL would need to be below the blue line, the stop signal the TP.

I always opt for 1 R which allows for greater win rate. In this case, SL would need be 10-12 pips, using a 10-12 pip TP target.

Normally a few setups like this happen on any given day on pretty much any pair...