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$RIVER (1H) - Resistance Rejection Short
Bias: Short
Entry (Zone): 6.50 - 6.57
Targets:
TP1: 6.39
TP2: 6.30
TP3: 6.16
Stop Loss: 6.72
Why this Setup:
I’m shorting the failed push into the 6.55-6.60 resistance area after the strong rally lost momentum. I want a rejection from this zone for a move back toward the prior support levels, with 6.72 as the invalidation if price squeezes higher.
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