I'm new to charting this asset, but based on what I was able to chart here on the 1H, it seems very clear to me that a considerable fall is looming. I could see it consolidating a bit at the top portion of the uptrend channel I have drawn up. I'd expect it to take a dive by mid January 2023 at the latest--> $1.18596 is my price target. Of course Only Time Will Tell
I concur G/U has also reached its previous major high, we continue to hold stronger under this level i have G/U potenially falling to grab the stop losses under the 1.21364 as our first move. Which is the price range of a 4hr uptrend i have charted.
MrxMvP
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@memphisblackout, there's still time left on the clock, but I would've wanted my entry to be more accurate. Had I entered at the next touch of the top of the channel, I'd been in the green the entire time...learning lesson here for sure