Risk To Reward 1:30
Meaning if you...
Risk £100 > Reward £3000
Risk £1000 > Reward £30,000
Risk £10,000 > Reward £300,000
I will let you guys know in my telegram group for when om going to enter this trade. The better the entry = tighter SL = better RR = LAMBOS BRO
Head & Shoulders Pattern forming...
Pink box - if price returns back to that area after the H&S formed and hit target then be ready to set your sell limits as thats when the banks put their orders (from the righ shoulder)
Looking for this to retrace back 50% fib to around 151.238 before we drop down to 147 again. Have a great trading week guys and RISK MANAGE AT ALL TIMES... Non Farm Payrolls are also this week so expect high volatility as usual.
& Shoutout to Benji @pipseyhussle for showing me how to use Fib retracements ahaa