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$RIVER Short Setup (4H)
Entry: 20.2–20.4
Stop Loss: 21.2 (4H close above resistance invalidates the setup)
Take Profit 1: 19.3
Take Profit 2: 17.0
Extended TP: 15.5
Rationale:
Price is testing a major resistance zone around 20–21 after a strong run-up. Momentum is slowing and rejection is visible near the highs. This is a counter-trend short targeting a pullback, with strict risk control if resistance breaks.
Entry: 20.2–20.4
Stop Loss: 21.2 (4H close above resistance invalidates the setup)
Take Profit 1: 19.3
Take Profit 2: 17.0
Extended TP: 15.5
Rationale:
Price is testing a major resistance zone around 20–21 after a strong run-up. Momentum is slowing and rejection is visible near the highs. This is a counter-trend short targeting a pullback, with strict risk control if resistance breaks.
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