End of day update from us here at KOG:
Today's update mentioned we would stick with the plan as the bias level was working well and we said we'll stick with the targets until further notice. For the week, you can see we got the move from the red box into the lower level we wanted, then the bounce, then the rejection from the red box and the bias level targets were ticked off one by one. Has it been easy? No! Has it been worth the wait, YES! We said be careful of the range, wait for the breakout and then we'll get in, those that waited managed to capture the trade. A couple which were shared with the wider community.
Now we've added our lower red boxes with resistance standing at the 3230 region which if attacked first and rejected can give us the continuation downside. Ideally, we want one of these levels below on the boxes to hold, and the capture the scalp upside. Lots of news tomorrow, so guaranteed to be more whipsawing and choppy price action.
Unless we give you immediate level 50-80pips distance which are guaranteed to be hit, it's a hard task to give you the extreme levels and movement like we do, so please make sure your risk models are up to scratch if you're following.
KOG’s Bias of the day:
Bullish above 3240 with targets above 3258✅ and above that 3265✅
Bearish on break of 3240 with target below 3230✅ and below that 3210✅
RED BOXES:
Break above 3265 for 3272, 3275, 3288 and 3006 in extension of the move
Break below 3250 for 3235✅, 3230✅, 3226✅ and 3207✅ in extension of the move
KOG’s bias of the week:
Bullish above 3310 with targets above 3335, 3345, 3350, 3350, 3362 and 3370
Bearish below 3310 with targets below 3306✅, 3301✅, 3297✅, 3285✅ and 3274✅
RED BOXES (TAKE NOTE)
Break above 3335 for 3342, 3350, 3354, 3365, 3370. 3373 and 3385 in extension of the move
Break below 3320 for 3310✅, 3306✅, 3298✅, 3293✅, 3285✅ and 3279✅ in extension of the move
As always, trade safe.
KOG
Today's update mentioned we would stick with the plan as the bias level was working well and we said we'll stick with the targets until further notice. For the week, you can see we got the move from the red box into the lower level we wanted, then the bounce, then the rejection from the red box and the bias level targets were ticked off one by one. Has it been easy? No! Has it been worth the wait, YES! We said be careful of the range, wait for the breakout and then we'll get in, those that waited managed to capture the trade. A couple which were shared with the wider community.
Now we've added our lower red boxes with resistance standing at the 3230 region which if attacked first and rejected can give us the continuation downside. Ideally, we want one of these levels below on the boxes to hold, and the capture the scalp upside. Lots of news tomorrow, so guaranteed to be more whipsawing and choppy price action.
Unless we give you immediate level 50-80pips distance which are guaranteed to be hit, it's a hard task to give you the extreme levels and movement like we do, so please make sure your risk models are up to scratch if you're following.
KOG’s Bias of the day:
Bullish above 3240 with targets above 3258✅ and above that 3265✅
Bearish on break of 3240 with target below 3230✅ and below that 3210✅
RED BOXES:
Break above 3265 for 3272, 3275, 3288 and 3006 in extension of the move
Break below 3250 for 3235✅, 3230✅, 3226✅ and 3207✅ in extension of the move
KOG’s bias of the week:
Bullish above 3310 with targets above 3335, 3345, 3350, 3350, 3362 and 3370
Bearish below 3310 with targets below 3306✅, 3301✅, 3297✅, 3285✅ and 3274✅
RED BOXES (TAKE NOTE)
Break above 3335 for 3342, 3350, 3354, 3365, 3370. 3373 and 3385 in extension of the move
Break below 3320 for 3310✅, 3306✅, 3298✅, 3293✅, 3285✅ and 3279✅ in extension of the move
As always, trade safe.
KOG
Trade active
Not bad, slight stretch but the indi worked well confirming the move. Up into 3185 which needs to break now to go higher, otherwise 3165 support could be attacked, that needs to hold us up! For now, happy with this especially in these conditionsTrade closed: target reached
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.