Wonder how to calculate a risk reward ratio? Here's a good example with $NOW (ServiceNow) to go through step by step, first on the weekly chart, then we'll zoom into the daily chart. The weekly chart shows a nice uptrend since February 2016. While the last few weeks were consolidating near the 161.8 Fibonacci extension, last week had a nice hammer testing the trend lines followed by this week's bullish candle. The RSI is also in a bullish range, although slightly overbought b