1. Either the BO sustains and gains momentum to reach the extreme high.
2. Or it could be a false BO and trap bulls n fall back into the mid range point and the move to upside might take place later.
But the views here favour the 1st scenario. The bull waves inside the range gets to be the impulsive move and concur along the trend. While the bears are getting tiresome. The bulls are gaining on too.
Eitherway we need to wait for the BO to happen and enter on confirmation only.
For study purpose
The setup is invalid for now.