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$RIVER | 1H | Bearish Rejection Setup
Bias: Short
Entry Zone: 7.62 to 7.70
Stop Loss: 7.88
Targets:
TP1: 7.42
TP2: 7.26
TP3: 7.05
Invalidation:
Close above 7.88
Why This Setup:
I see price pushing into the recent swing high after a sharp impulsive move, but the follow-through is still uneven and the upper area is acting like liquidity. I want a rejection from this resistance zone for a move back into the 7.40 and 7.20 demand pockets.
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