$RIVER is starting to lose momentum after failing to push higher. Sellers are stepping in, and the price looks ready for another move lower.
I'm taking a short on this setup.
Entry Zone: $3.15 – $3.20
Take Profit:
TP1: $3.05
TP2: $2.95
Stop Loss: $3.30
As long as price stays below the resistance area, the bearish outlook remains valid. A rejection from this zone could send $RIVER down toward the target levels.
Trade $RIVER with me and let's catch the downside move.
I'm taking a short on this setup.
Entry Zone: $3.15 – $3.20
Take Profit:
TP1: $3.05
TP2: $2.95
Stop Loss: $3.30
As long as price stays below the resistance area, the bearish outlook remains valid. A rejection from this zone could send $RIVER down toward the target levels.
Trade $RIVER with me and let's catch the downside move.