Sometimes you just need to wait a little for price to show or form a good structure and comes a day when there just arent any trades taken. Most traders dont understand this but in the long run it is one of the key things that show good results!
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there are countless possible ways this can go, from a fake breakout of the high, to coming back down to making a 50% retracement to making a direct bounce of the high...our job is to wait and see what the market tells us :)