Currently the volatility for this week is around 3.65% , up from expected 1.7% last week. According to ATR calculation, currently the volatility is located around 90th percentile.
Under this circumstances the expected movement of the candle is : BEAR : 1.78% from the opening point of the weekly candle BULL : 1.51% from the opening point of the weekly candle
At the same time, currently there is 26.8% that the movement within this weekly candle is going to break and close either above or below the next channel: TOP: 1672 BOT: 1617
Lastly, taking into account the previous weekly high and low there is a : 30% chance that we are going to touch the previous week high 70% chance that we are going to touch the previous week low