🚀 RIVER Trade Setup (15m Timeframe)
💰 Current Price: ~$20.74
📈 Trend: Bullish but short-term pullback
🔎 Market Analysis
Price is above EMA 99, which shows the overall trend is still bullish 📈
EMA 7 & EMA 25 are close, indicating short-term consolidation 🔄
There was a large wick down, meaning liquidity grab and possible bounce area 💧
Volume spike suggests buyers stepping in 👀
📊 Trade Plan
🟢 Long Setup (Preferred)
Entry: $20.40 – $20.60
Stop Loss: $19.80
Targets:
🎯 TP1: $21.30
🎯 TP2: $21.90
🎯 TP3: $22.70
📌 Reason: Strong support near EMA 25 + previous consolidation zone
🔴 Short Setup (If Support Breaks)
Entry: Below $19.80
Targets:
🎯 $19.20
🎯 $18.70
📉 Reason: Break of structure + EMA support loss
⚠️ Pro Tips
✅ Wait for confirmation candle before entry
✅ Use proper risk management (1–3%)
✅ Avoid over-leverage in volatile moves
🔥 Summary:
RIVER is still bullish overall, and buying the dip near $20.5 could offer a good risk-reward setup
