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$RIVER | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 7.22 to 7.27
Stop Loss: 7.43
Targets:
TP1: 7.09
TP2: 7.00
TP3: 6.85
Invalidation:
Close above 7.32
Why This Setup:
I’m fading the failed rebound near the local range low after a sharp rejection from higher levels. If price loses 7.22, I expect continuation into the next liquidity pockets, with the prior swing support around 7.09 acting as the first cover zone.
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