Trader Bear

$H The chart shows a structure that, despite the correction phases, remains very solid overall. The underlying trend is still clearly bullish: the lows continue to rise and the upward trendline is being respected, a sign that demand continues to absorb the phases of weakness. The area highlighted in the yellow box is probably the most important area at the moment. It is an area that has functioned as both resistance and support in the past, so it is natural for the price to be spending time there. This type of behaviour is not weakness, but rather a phase of accumulation or consolidation where the market is building the basis for the next move. What I would like to see is just that: a few more weeks of orderly consolidation above the trendline and within the box. If the price manages to maintain this structure, it means that the market is simply 'recharging its batteries'. In that case, the most likely scenario is an upward expansion, with an impulsive movement that could take liquidity to the highs. In summary, the structure remains strong. As long as the price continues to defend that area and the trendline remains intact, the bias remains positive. There is no need to predict too much now: just observe how the market behaves within this area. If it consolidates well, the next significant movement could start from there.