Weekend Pattern
Updated
The stall and small fall of this week has led us into another “weekend pattern”. Money Man has got some time to think and started to get nightmares about the gap between Red Target 1 and Red Target 2 if “Decision Box 2” ends up being too weak to hold a bit of trampling. On the upside Green Target 1 is still a logical retrace stop, but the longer we move sideways, the more orders would be on the perimeter of the pattern, the bigger the commitment needs to be to break through and the further the follow through would take us if BTC breaches it. This combined with the energy build up from a weekend grind pattern would make things even more so. CME resting at 10 900 is not giving us much in the line of hints.
My forecast: Normally the weekend have little to offer (remember those weekend moves in 2017 before the futures), but BTC has yet again managed to coil up and without bigger candles to push the Bollinger Bands open, it has to lurch sooner or later. The most likely movement would be spiking in-between the decision boxes to let off some steam. Read the previous forecast to compare the subtle changes in boxes and more on them. Very Important to me: Please Like if you value the effort, comment to have a voice and follow if you think this is going somewhere that you would like to know about.
My forecast: Normally the weekend have little to offer (remember those weekend moves in 2017 before the futures), but BTC has yet again managed to coil up and without bigger candles to push the Bollinger Bands open, it has to lurch sooner or later. The most likely movement would be spiking in-between the decision boxes to let off some steam. Read the previous forecast to compare the subtle changes in boxes and more on them. Very Important to me: Please Like if you value the effort, comment to have a voice and follow if you think this is going somewhere that you would like to know about.
Note
The previous forecast. 
Note
My next contribution 
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