$RIVER is trying to flip momentum — confirmation here changes the bias. 🟢
$RIVER - LONG
Trade Plan:
Entry: 18.426 – 18.930
SL: 17.165
TP1: 20.191
TP2: 20.695
TP3: 21.703
Why this setup?
RIVER trend continuation setup on 4h, using the 1D as a range-bound-context to prioritize location. Working area: (18.426-18.930) (mid ~ 18.678). ATR 1H: 1.008 (~5.4% of price) → controlled volatility. RSI 15m: 36 → momentum is supportive, not overheated
As long as price respects 17.051 (invalidation), the first objective is 20.191 (~8.1%). RR to TP1 is ~0.93. If momentum extends, 21.703 becomes the stretch target (~16.2%), with RR ~1.86. Any sustained acceptance beyond 17.051 invalidates the thesis.
Debate:
Do you think RIVER can tap 20.191 soon, or does it accelerate to 21.703?
Trade here 👇 and comment your bias!
