$RIVER | Technical Analysis
#RİVER has formed an inverse head and shoulders pattern on the daily chart, indicating a potential bullish reversal. The breakout has already occurred, and the price has successfully completed a retest of the neckline, adding confirmation to the setup
Entry: 24
TP: 36
SL: 17.50
This setup offers a moderate risk-to-reward ratio and suggests a possible continuation to the upside, provided market conditions remain supportive. As always, do your own research before making any trading decisions.
#dyor $RIVER
#RİVER has formed an inverse head and shoulders pattern on the daily chart, indicating a potential bullish reversal. The breakout has already occurred, and the price has successfully completed a retest of the neckline, adding confirmation to the setup
Entry: 24
TP: 36
SL: 17.50
This setup offers a moderate risk-to-reward ratio and suggests a possible continuation to the upside, provided market conditions remain supportive. As always, do your own research before making any trading decisions.
#dyor $RIVER