End of day update from us here at KOG:
Although a choppy week to start with, we managed to get our move down which stopped short but gave a a fantastic pip capture, then based on the bias of the week managed to complete all our bullish targets plus the Excalibur targets that activated. Red boxes again played their part giving us precise entry and exit level activating and hitting their own targets, the best of which gave us over 300pips on the capture.
Now, end of week, we have support below 3075 and resistance on the fight for the close 3090. Too high to attempt the long, in the middle to attempt the short. So we'll wait and see how the market closes and come back on Sunday with the KOG Report and our view for the week ahead.
Wishing you all a great weekend.
As always, trade safe.
This weeks targets completed:
KOG’s bias for the week:
Bearish below 3040 with targets below 3010✅, 3006✅, 2997, 2985 and below that 2978
Bullish on break of 3040 with targets above 3050✅, 3055✅, 3063✅ and above that 3067✅
RED BOXES:
Break above 3037 for 3040✅, 3047✅, 3050✅, 3055✅, 3063✅ and 3066✅ in extension of the move
Break below 3010 for 3006, 3000, 2997, 2990 and 2985 in extension of the move
Although a choppy week to start with, we managed to get our move down which stopped short but gave a a fantastic pip capture, then based on the bias of the week managed to complete all our bullish targets plus the Excalibur targets that activated. Red boxes again played their part giving us precise entry and exit level activating and hitting their own targets, the best of which gave us over 300pips on the capture.
Now, end of week, we have support below 3075 and resistance on the fight for the close 3090. Too high to attempt the long, in the middle to attempt the short. So we'll wait and see how the market closes and come back on Sunday with the KOG Report and our view for the week ahead.
Wishing you all a great weekend.
As always, trade safe.
This weeks targets completed:
KOG’s bias for the week:
Bearish below 3040 with targets below 3010✅, 3006✅, 2997, 2985 and below that 2978
Bullish on break of 3040 with targets above 3050✅, 3055✅, 3063✅ and above that 3067✅
RED BOXES:
Break above 3037 for 3040✅, 3047✅, 3050✅, 3055✅, 3063✅ and 3066✅ in extension of the move
Break below 3010 for 3006, 3000, 2997, 2990 and 2985 in extension of the move
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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.