Currently the volatility for this week is around 4.9% , up from expected 3.8% last week. According to ATR calculation, currently the volatility is located around 80th percentile.
Under this circumstances the expected movement of the candle is : BEAR : 3.5% from the opening point of the weekly candle BULL : 3.25% from the opening point of the weekly candle
At the same time, currently there is 10.8% that the movement within this weekly candle is going to break and close either above or below the next channel: TOP: 12040 BOT: 11150
Lastly, taking into account the previous weekly high and low there is a : 75% chance that we are going to touch the previous week high 25% chance that we are going to touch the previous week low