🟥🟥 $RIVER LIMIT SHORT TRADE 🟥🟥
Short #RIVER
Entry: 24.30 – 24.80
Stop Loss: 26.50
TP1: 21.50
TP2: 19.80
TP3: 18.50
Why put the limit order there?
1️⃣ Precise Resistance Zone
The 24.30–24.80 area is a clear rejection zone where price previously failed to push higher.
2️⃣ Weak Market Structure
Price is showing signs of a lower high, indicating weakening bullish momentum.
3️⃣ Liquidity Above Highs
A move into this zone can grab liquidity before sellers step in.
4️⃣ High R:R Setup
Shorting near the top of the range provides a strong risk-to-reward opportunity.
✅ Simple plan
Place a limit short around 24.50
Optional add near 24.80
Stop loss 26.50
Take profits gradually on the way down.
⚠️ Invalidation
If price breaks and holds above 26.50, resistance fails and bullish continuation becomes likely.
This trade idea includes the invalidation level. Always manage your risk and do your own research (DYOR). Not financial advice. 🔥
Trade $RIVER here 👇 📉
