SHOPIFY INC
شراء

bottom for SHOP

SHOPSHOP

This call is primarily based on price action and risk reward.

We can see a lower low being pushed on the daily time frame but over last week price rejected the $173 level.

The other notable mention is the Risk to reward ratio, with a bottom formed we have an excellent place to set our stop knowing the trend would go bearish is it was triggered

Remember to always manage you risk
Beyond Technical AnalysisBullish PatternsriskrewardshopifyslowstochTechnical AnalysistechnicalstradeTrend Analysis

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