$RIVER is printing a bounce-to-sell look — the next candle is the tell. 🔴
$RIVER - SHORT
Trade Plan:
Entry: 8.48181 – 8.74142
SL: 9.39045
TP1: 7.83278
TP2: 7.57317
TP3: 7.05394
Why this setup?
RIVER sell-side structure structure on 4h with range-bound 1D context guiding location. Risk box: (8.482-8.741) (mid 8.612). RSI 15m: 46 → momentum allows downside to develop. ATR 1H: 0.519 (~6.0%).
Execute from (8.482-8.741); 7.833 is first target if it follows through. Beyond 14.219, this setup is wrong. If follow-through accelerates, extension is 7.054.
Debate:
Do sellers get RIVER to 7.833, or does it accelerate to 7.054?
Trade here 👇