bottom for SHOP

27 באוג׳ 2018

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