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$RIVER | 1h | Rejection Short
Bias: Short
Entry Zone: 6.74 to 6.79
Stop Loss: 6.92
Targets:
TP1: 6.62
TP2: 6.55
TP3: 6.47
Invalidation:
Close above 6.92
Why This Setup:
I’m fading the repeated rejection into the 6.80 to 6.90 supply area after the sharp bounce failed to hold above resistance. The structure is still bearish on the lower highs, and a loss of the 6.62 pivot should open the move back into the prior demand zone.
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