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👉 This is exactly when patience pays off… a clear trading setup ready for a new upward move.
$RIVER holding steady above the important support zone and forming a clean bounce structure. After a slight correction phase, buying pressure has returned, indicating that the bulls are gradually gaining control. Momentum is improving, and there is a high likelihood that the price will continue into a new rally if it stays above the current support zone.
Proposed trading setup:
⟶ Entry zone: 6.25 – 6.40
• TP1: 6.55
• TP2: 6.65
• TP3: 6.70
⛔ SL: 6.12
The appropriate strategy is to scale out profits at each target to maximize gains while tightly managing risk with the predetermined stop-loss level.
If RIVER continues to maintain the current higher low structure, the upside target can be achieved in the short term. Patience, discipline, and strict adherence to the plan will be the key in this setup.
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