Vertiv Holdings is trading above the 50 and 200-period moving averages.
It has overcome the resistances one by one without being exposed to a very high IV.
It has started to draw a cup.
However, it is much better to focus on the big gap rather than the cup formation because with good chances it can encounter a big resistance there.
Targeting the 50-period ema and the 0.5 level of the short-term Fibonacci retracement levels as a stop point gives us the opportunity to try trading at a not bad risk/reward ratio.
With a small position size or small portfolio percent :
It has overcome the resistances one by one without being exposed to a very high IV.
It has started to draw a cup.
However, it is much better to focus on the big gap rather than the cup formation because with good chances it can encounter a big resistance there.
Targeting the 50-period ema and the 0.5 level of the short-term Fibonacci retracement levels as a stop point gives us the opportunity to try trading at a not bad risk/reward ratio.
With a small position size or small portfolio percent :
- Risk/Reward Ratio : 2.54
- Stop-Loss : 103.77
- Take-Profit : 145.32
Сделка закрыта: достигнута тейк-профит цена
I’m developing a website to initially test and publicly present my algorithms. It won’t be commercial for the foreseeable future . ☀ Loading ....
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
I’m developing a website to initially test and publicly present my algorithms. It won’t be commercial for the foreseeable future . ☀ Loading ....
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.