Trading Setup
$RIVER: Bearish
Trading signal: $RIVER: SHORT
• Entry: $33.24 - $34.50 (Wait for a slight retest of previous minor support turned resistance)
• Stop Loss: $38.50 (Above the recent lower high)
• Take Profit Targets:
• TP1: $30.00
• TP2: $27.50
• TP3: $24.00
The heavy bearish divergence in money flow combined with a failure to reclaim the 40.00 level signals total exhaustion. Sellers dominate the order book, and the path of least resistance is firmly downward until a major liquidity zone is hit.
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