I’ve been watching $RIVER ‌ all morning and it’s finally reaching a make or break point.

The chart looks pretty heavy right now. After that massive run up to 33.00, it’s been in a steady downtrend, making lower highs and lower lows. We’re currently sitting at 10.90, which is basically the last line of defense before things get really ugly.
Volume is starting to dry up, which usually happens before a big expansion move. If we can’t hold this 10.50 level, the next major support isn't until the 7.00 range. That’s a long way down.
On the flip side, if we see a strong bounce here, we might finally break this bearish structure and head back toward 17.00 for a relief rally.
I’m staying patient on this one. No point in forcing a trade when the trend is clearly pointing down. I’ll wait for a double bottom or a solid reclaim of the previous candle's high before looking for a long time. Be careful out there.

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