Bitcoin, discussed in the weekend Update, continues to work off its last run up from $75K to $112K, currently in what looks like a second wave retracement. The longer it works it off, the closer it becomes to breaking out, so no one should be in a hurry here. BTC Best Looking Trades Pending The best bets this week are META, GLD and SLV, as all three are either breaking out or on the verge of breaking out of their respective parallel trend channels. I've covered all extensively in the Online Tutorial, as well as in the PRO Service with updates every day this week. Here it is for there rest of the Blue Line family of subscribers, our best looking trades of the week...so far. Note in the charts below the tendency that stocks in strong uptrends will have in initial breakout of a declining parallel trend channel, soon followed by a breakout of a horizontal trend channel. It's a simple and reliable pattern and when used in conjunction with EW and the Fibonacci extension forecasting tool, generates option trades with significant reward profiles. GLD Buy July calls on GLD close above $312. SLV Buy July calls on SLV close above $31.60. META Buy July calls on META close above $685 (currently $684.92). OPTIONS
