TIA is still bullish (4H)In my view, TIA remains bullish overall and the higher-timeframe structure is still constructive. At the moment, price action suggests that a triangle pattern is forming, indicating a phase of consolidation before the next potential expansion.
From the recent low, buyers stepped in aggressively, pushing the price upward with strong momentum and clear bullish intent. This impulsive move confirms that demand is still present and active in the market. After this rally, price has now entered a corrective phase, which appears healthy and technical rather than a sign of weakness.
This correction is likely the final correction within the triangle structure, specifically corresponding to Wave E of the triangle. If this interpretation is correct, the market is currently completing the last leg of consolidation before a potential breakout.
We have identified two entry zones, and positions should be built using a DCA (Dollar-Cost Averaging) approach to manage risk and improve average entry price. These zones are aligned with key support levels and the internal structure of the triangle.
🎯 Targets are clearly marked on the chart, based on the projected breakout of the triangle and prior resistance levels.
❌ Invalidation:
This bullish scenario will be invalidated if a daily candle closes below the invalidation level marked on the chart. A confirmed daily close below that level would indicate a breakdown of the structure and require a reassessment of the bias.
As long as price remains above the invalidation level, the bullish bias remains intact, and this consolidation should be viewed as a potential accumulation phase rather than a distribution.
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This is not a trade setup, as it has no precise stop-loss, stop, or target. I do not publish my trade setups here.
