TPB (HOSE) — H2 | 12-01-2026 | Elliott Wave Outlook

🔎 TPB (HOSE) — H2 | 12-01-2026 | Elliott Wave Outlook — Accumulation Complete, Expansion Phase Activated

• On the H2 timeframe, TPB has completed a large A–B–C correction in yellow, with wave C (yellow) ending around 15,850, marking the end of the long-term bearish phase.
• From this level, price developed a white 1–2–3–4–5 impulsive structure, completing yellow wave 1 in the form of a leading diagonal near 17,800.
• The subsequent pullback unfolded as a white A–B–C, completing yellow wave (2) around 15,900.
• TPB is now entering white wave (3), which is also yellow wave 3 — the strongest and most impulsive phase of the entire bullish cycle.
• As long as price holds above 16,550, the medium-term bullish structure remains valid and upside continuation is favored.

📌 Preferred scenario (Bullish):
• Look to buy on pullbacks within wave (3), trading in alignment with the dominant structure and momentum.

⛔️ Invalidation level:
• A break below 16,550 → bullish scenario invalid → wave count must be reassessed.

🧭 Trade philosophy:
Accumulation builds the trend — expansion delivers the profits.