SATURDAY
6-JUL
Price could not sustain its rally y'day and closed with a bearish candle.
It took out Y high this morning and is consolidating.
There is LQ on both sides and it's not clear where price is willing to go next.
If the bullish momentum starts picking up once again, the most likely target is the equal highs from WED and THU.
If price starts dropping, Y low would be the first target.
If price breaks below Y low, longs could be considered at this week's swing low H4 zone.
If buyers show up below $10,500 and price rallies, the most likely target would be the equal highs of WED and THU.