The floor at
$RIVER is cracking. Once it snaps, the unwind will be violent.
$RIVER - SHORT
Trade Plan:
Entry: 7.97059 – 8.16141
SL: 8.63847
TP1: 7.49353
TP2: 7.30270
TP3: 6.92106
Why this setup?
RIVER structure remains resilient to any bullish attempts. Every green candle at 8.066 is being sold into instantly, showing zero follow-through.
Invalidation is set at 12.649. If the selling persists, we are looking at a volatility breakout to the downside targeting 7.494.
Debate:
Are you taking 7.494 or riding RIVER to 6.921?
Trade here 👇
