We can see that currently the implied volatility for this week is 2.85%
With this in mind, currently from ATR point of view we are located in the 1st percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: *For calculations, I am using the data since 2022* Bullish: 1.87% movement Bearish: 2.37% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset, meaning that there is a 17.7% that our close of the weekly candle of this asset is going to be either above/below the next channel: TOP: 15095 BOT: 14218
Taking into consideration the previous weekly high/low, currently for this candle there is : 73% probability we are going to touch previous weekly high(already done) 26.5% probability we are going to touch previous weekly low
Lastly, from the technical analysis point of view, currently from Daily timeframe indicates 80% BULLISH trend from the moving averages index Weekly timeframe indicates 93.33% BULLISH trend from the moving averages index Monthly timeframe indicates 93.33% BULLISH trend from the moving averages index