Price is on a downtrend. Price has hit the bearish POI a few days back, expecting price to hit the bullish POI before starting an uptrend. However, do note that there are sell-side liquidity being built up, and price could potentially take out the lows at 11.26 before going higher.
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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.