📉 Wednesday Market Outlook: Bearish Trend Expected
Tuesday’s price action played out as expected, confirming my bias. While price didn’t fully tap into my POI before the rally, the movement remains valid.
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📊 Wednesday’s Forecast
For Wednesday, I’m expecting:
✅ Monday’s high to be taken out
✅ Tuesday’s high to be taken out
✅ Price to reach my bearish POI at 1.29794
From there, I’ll be looking for a drop to 1.28835.
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📉 Overall Bias: Bearish
Given this setup, I’m maintaining a bearish stance for Wednesday. Now, it’s all about patience and execution.
Let’s see how price unfolds. Are you bullish or bearish this week? Drop your thoughts below! 👇🏾
join our community for more market insights.
#Forex #MarketOutlook #TradingPlan #GBPUSD
Tuesday’s price action played out as expected, confirming my bias. While price didn’t fully tap into my POI before the rally, the movement remains valid.
---
📊 Wednesday’s Forecast
For Wednesday, I’m expecting:
✅ Monday’s high to be taken out
✅ Tuesday’s high to be taken out
✅ Price to reach my bearish POI at 1.29794
From there, I’ll be looking for a drop to 1.28835.
---
📉 Overall Bias: Bearish
Given this setup, I’m maintaining a bearish stance for Wednesday. Now, it’s all about patience and execution.
Let’s see how price unfolds. Are you bullish or bearish this week? Drop your thoughts below! 👇🏾
join our community for more market insights.
#Forex #MarketOutlook #TradingPlan #GBPUSD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.