The above chart highlights this Author's technical opinion on the above mentioned asset. Should there be cause to short this asset, this Author will be looking for shorting confirmations above May 2022 monthly high. Should however, the opportunity presents for further upside, then this Author will adjust his bias accordingly. It would be wise to refer to the Macro-fundamentals on the said asset to add confluence to either options.
Best of Luck and trade wisely.
Cheers!
Best of Luck and trade wisely.
Cheers!