Short
Shopify Clean Channel Potential Reversal
Trade Idea: Bearish Reversal
Price has been consolidation at the edge of the channel for almost a week now, indicating that price is exhausting its bullish swing.
Trade Step-up: Short
Price rejects a breakout from the current channel trend. Look for a reversal to 140.00 & 125.00. Stop loss at 165.00.
Price has been consolidation at the edge of the channel for almost a week now, indicating that price is exhausting its bullish swing.
Trade Step-up: Short
Price rejects a breakout from the current channel trend. Look for a reversal to 140.00 & 125.00. Stop loss at 165.00.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.