Last week, I mentioned that TIA could be preparing for a move and that buying dips around $1.75 might be a good opportunity.
Well, price dropped exactly into that support zone, bounced slightly, and is now consolidating, which could be the calm before the next wave.
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📌 Here’s what I’m watching:
• The $2.10–$2.20 zone is now a confluence resistance area (horizontal + descending pressure)
• A break and daily close above this level could trigger a strong leg up, with the next major target around $4.00
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📈 Bias remains bullish
As long as $1.70 holds, this setup stays valid, and dips continue to be buyable.
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🎯 Trading Plan:
• Looking to buy dips toward $1.80–1.85
• Acceleration expected only above $2.20
• Bearish invalidation only below $1.70
________________________________________
Conclusion:
TIA is respecting structure perfectly. If it breaks above $2.20, we could be looking at a potential double in price toward $4.
Well, price dropped exactly into that support zone, bounced slightly, and is now consolidating, which could be the calm before the next wave.
________________________________________
📌 Here’s what I’m watching:
• The $2.10–$2.20 zone is now a confluence resistance area (horizontal + descending pressure)
• A break and daily close above this level could trigger a strong leg up, with the next major target around $4.00
________________________________________
📈 Bias remains bullish
As long as $1.70 holds, this setup stays valid, and dips continue to be buyable.
________________________________________
🎯 Trading Plan:
• Looking to buy dips toward $1.80–1.85
• Acceleration expected only above $2.20
• Bearish invalidation only below $1.70
________________________________________
Conclusion:
TIA is respecting structure perfectly. If it breaks above $2.20, we could be looking at a potential double in price toward $4.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.