$RIVER (1h) - Bearish Retracement Short


Bias: Short
Entry (Zone): 6.10 - 6.17
Targets:
TP1: 6.00
TP2: 5.91
TP3: 5.78
Stop Loss: 6.24
Why this Setup:
I’m treating this as a continuation short while price holds below the recent lower highs and struggles to reclaim the 6.20 area. I want a retracement into resistance for entry, with room for a move back toward the prior support zones if sellers stay in control.

#GateSquareMayTradingShare
RIVER2.72%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin