Executing a high probability entry based on Smart Money Concepts (SMC) and algorithmic price delivery. Here is the breakdown of the set-up:

Structural Context $RIVER (1H)

After an aggressive bearish expansion, the price left a significant imbalance. My analysis focuses on mitigating inefficiencies before the continuation of the bearish order flow.

Entry Parameters:

Area of Interest (POI): Identification of a Fair Value Gap (FVG) or imbalance in the 1H timeframe. The price made a technical retracement to rebalance supply and demand at this level.

Entry: Execution at 23,535, taking advantage of the testing just at the lower limit of the inefficiency.

Invalidation (Stop Loss): Set at 24,192 (TS). This level protects the position above the last structural high (Lower High), invalidating the thesis if the price recovers the bullish bias with a candle body.

Target (Take Profit): Projection towards 19,282. This level represents an area of External Liquidity (Sell-Side Liquidity) where the algorithm will seek counterpart to close institutional positions.

Operation Management

We are trading in favor of the prevailing bearish momentum. Patience is key: as long as the price remains below the equilibrium area of the FVG, the distribution narrative remains intact.

Those who get carried away by emotions during retracements tend to be the liquidity of those of us who trade with a plan. We simply wait for the expansion towards the target.

#SMC #OrderFlow #PriceAction #InstitutionalTrading