$RIVER Market Predictions and Scenarios
Up Scenario
Price successfully defends 59.500, breaks 61.300, and targets 63.500. This would be a counter-trend mitigation trade. Condition: Must see high volume on the break of 61.300.
Down Scenario
Price fails to hold 59.579, triggering a cascade of stops and targeting 56.000. If 56.000 breaks, the next target is 52.000. Condition: Sustained break below 59.500 on high volume.
Neutral Scenario
Price remains between 59.500 and 61.300, consolidating liquidity before a directional move. Breakout conditions: A close above 61.300 or below 59.500 on the 15m timeframe.
Scalp Setup
Short entry on failure to hold 60.500, targeting 59.600. Long entry on a quick sweep below 59.500 followed by immediate reclaim (false break), targeting 61.000.
Swing Setup
Short Setup: Entry near the 63.000 OB/Resistance zone (if price rallies). Stop Loss above 64.500. Take Profit 1 at 59.500, Take Profit 2 at 56.000.
Position Setup
Wait for the reaction at the 56.000 major support. If 56.000 is aggressively swept and reclaimed (Spring/Accumulation signal), a long position could be initiated for a long-term reversal. If 56.000 fails, position shorts targeting 52.000.
