Professionally ... Dear Millionaire:
$RIVER
Type of transaction: Long (Buy) - Type of order: Prefer Limit Orders in portions or Market after confirmation.
Entry Zone: 13.40 - 13.95
Entry Strategy: Do not enter with the full amount from one point. Split the entry order (DCA) within this range to catch the "candle wick" (Wick) that will hit the stops.
Targets (Take Profit - TP):
TP1 (Secure and release): 16.10 (at this point we close 50% of the trade size).
TP2 (Structural target): 17.80 (previous resistance area and upper liquidity gathering FVG).
Stop Loss (Stop Loss - SL): 12.80 (the stop loss must be a solid Hard SL, not mental).
Invalidation Point: Close of a 4-hour candle fully (the body of the candle, not the wick) below the level of 13.25. If this happens before hitting the stop, we manually close the trade because the market structure has completely collapsed.