$RIVER
has delivered a strong impulsive move, breaking above its prior consolidation zone with expanding volume. The structure shows clear higher highs and higher lows, indicating sustained bullish control. After the sharp rally, price is expected to retest the breakout zone before continuing toward higher resistance levels.
Market Bias: Bullish
Trade Type: Long
Long Entry Zone:
• Buy on retracement into the previous breakout support / demand zone
Targets (TP):
• TP1: Near-term resistance formed after the first impulse
• TP2: Upper resistance zone aligned with recent swing expansion
• TP3: Liquidity grab zone above the recent high
Stop Loss (SL):
• Below the breakout base and last confirmed higher low
Risk Management:
Risk only a small portion of capital per trade, wait for confirmation near support, and secure partial profits while trailing stop loss after TP1.
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