Price has reached the bearish ABC C target on the 4H.
That’s a fact, not a forecast.
What happens next is not guaranteed.
Often after a sequence delivers, price looks for relief and retracement toward nearby liquidity — and in this case, the unreached WCL zones above are the obvious magnets.
But let’s be clear:
Both outcomes are valid until price accepts or rejects.
So the framework is simple:
If price retraces into WCL and rejects → bearish continuation remains intact
If price accepts above WCL → bias shifts and the structure changes
No assumptions.
No calling bottoms.
Just reacting to where price shows acceptance.
That’s a fact, not a forecast.
What happens next is not guaranteed.
Often after a sequence delivers, price looks for relief and retracement toward nearby liquidity — and in this case, the unreached WCL zones above are the obvious magnets.
But let’s be clear:
- ABC delivery ≠ trend reversal
- Price can accept the C target and continue lower
- Or it can retrace toward WCLs before the next decision point
Both outcomes are valid until price accepts or rejects.
So the framework is simple:
If price retraces into WCL and rejects → bearish continuation remains intact
If price accepts above WCL → bias shifts and the structure changes
No assumptions.
No calling bottoms.
Just reacting to where price shows acceptance.
Trade closed: target reached
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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.