$RIVER $🔴 1. Market Structure
Price has grabbed liquidity / hunted stops upwards (21–22 area).
After that, there was a strong displacement downwards.
Now lower highs + lower lows are being formed → Bearish trend.
🟡 2. Current Zone (15.8 – 16.2)
This area is the Fibonacci 0.618 – 0.786 retracement zone.
This is referred to as OTE (Optimal Trade Entry) in ICT.
If rejection occurs here → next leg down possible.
🔵 3. Important Levels
Level
Meaning
16.5 – 17
Strong supply / invalidation zone
15.0
Short-term support
10.0#MarketRebound
SSL (Sell Side Liquidity) target
Price has grabbed liquidity / hunted stops upwards (21–22 area).
After that, there was a strong displacement downwards.
Now lower highs + lower lows are being formed → Bearish trend.
🟡 2. Current Zone (15.8 – 16.2)
This area is the Fibonacci 0.618 – 0.786 retracement zone.
This is referred to as OTE (Optimal Trade Entry) in ICT.
If rejection occurs here → next leg down possible.
🔵 3. Important Levels
Level
Meaning
16.5 – 17
Strong supply / invalidation zone
15.0
Short-term support
10.0#MarketRebound
SSL (Sell Side Liquidity) target