Price is on an uptrend. Price has recently mitigated the bearish POI at 46.94, and taken liquidity at 39.09. There is also sell-side liquidity being built since the last earning call. The price grabbed liquidity at 39.09 and is unable to produce a sustained uptrend to breaking market structure to the upside. The volume on 3 August 2022 is also increasing. I'm expecting that the price wants to go lower to grab more liquidity before it goes higher.
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