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
İşlem kapandı: hedefe ulaştı
I’m developing a website to initially test and publicly present my algorithms. It won’t be commercial for the foreseeable future . ☀ Loading ....
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
I’m developing a website to initially test and publicly present my algorithms. It won’t be commercial for the foreseeable future . ☀ Loading ....
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.