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. 

Shopify Clean Channel Potential Reversal by EmpowerTrader on TradingView.com

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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