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$RIVER | 1H | Bearish Retest
Bias: Short
Entry Zone: 6.88 to 6.96
Stop Loss: 7.04
Targets:
TP1: 6.72
TP2: 6.60
TP3: 6.52
Invalidation:
Close above 7.04
Why This Setup:
I see a sharp breakdown followed by a rebound into the prior supply area, which looks like a lower-high retest after selling pressure. If price fails to reclaim 7.00 and starts rolling over, I expect the move to continue back toward the recent support pocket.
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