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Take a moment and look closely at $RIVER . A few days ago, I shared long trade ideas on RIVER, and both trades delivered a solid move with targets hit exactly as expected. The bullish phase played out cleanly, and that opportunity is already captured.
Now the situation has changed. After the strong upside move, $RIVER is showing a clear pullback. Sellers have stepped in, buying pressure has weakened, and the bullish momentum that was driving price higher is no longer intact. This shift in structure opens the door for a short-side opportunity as the market cools off from the rally.
Trade Setup (Short):
Bias: Short on pullbacks
Entry Zone: Near recent rejection / pullback area
Targets: Previous support zones below
Invalidation: Strong reclaim above recent highs
Momentum has flipped, and this is no longer a buy-the-dip market for RIVER. Trade with discipline, manage risk properly, and don’t force longs when structure changes.