TUESDAY
9-JUL
Price took out the nearby upside LQ after y'day's rally.
It has since been selling off since more profits are being taken by longs.
Further upside LQ could be found above $13,000, followed by JUN high.
On LTF, price has reacted from JUN swing high and the upside could be limited.
There must be a lot of buy interest at the current prices above the recent highs and this could set up a bull trap scenario.
If price gets back inside LW range, the monthly high may be in and lower prices could be expected.