This is an update to the previous analysis (see previous analysis in the comment section for context).
This scenario suggest that unlike the previous analysis we might not be seeing price revisiting $52 in fact, price MUST not create new a new swing low but a short retracement to at least 50-78% Fibonacci level before going further up.
For this scenario, the invalidation level is stated clearly on the chart.
Now you should find the common ground and position yourself accordingly.