THE KOG REPORT - Update

5 days ago

End of day update from us here at KOG:

Not a bad open to the week with the support level not even needing to be visited and the red box breaking early session. We managed to complete all the red box targets again, in one swoop and now we're way stretched on price!

For that reason we would say resistance above 3880-5 needs to hold us down if visited first, and if we can get a RIP, potential to re-visit the order region 3850-55. We have to break above for higher at the moment, so please play caution. Sentiment is tipping not in the favour of bears, so pull backs may still remain limited.


KOG’s bias for the week:

Bullish above 3840
Bearish on break of 3830

RED BOX TARGETS:

Break above 3890 for 3902✅, 3904✅, 3910✅, 3917✅, 3930✅ and 3933✅ in extension of the move

As always, trade safe.

KOG

4 days ago

Trade closed: target reached

Decent move there from the early session into the level we wanted for the short. Excalibur completed as a bonus