The level of risk to be endured from an individual trade is a matter of personal choice. But the level of risk is not dependent only on the number of pips between entry and stop-loss. This distance says nothing about financial exposure. It is the size of the position which dictates the level of financial risk in relation to account capital.
Beyond that, yes, its a technique that can be used which involves setting a very tight SL with a TP 5 or 10 times further ahead of price. In the event of a break-out triggering the entry order, yes, its likely price momentum will reach the TP first.
But if there isn’t a TA location for the SL, but it is found from the TP distance, then the calculation of the TP distance is critical - how is this derived?