THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Markets are on edge yet they're giving trades if you're able to get in at the right moments. Yesterday we had completed nearly all of our bias above target levels apart from 2900 and 2910 which was the final target. We did get a minor pull back from the region we wanted but it was short lived before the move upside resumed.
Support now stands at the 2895-90 region while resistance is standing at 2920. We would say as long as 2920 holds we should see a move downside into the support region. Break of 29020 and we're on for 2930-35 which is the level that needs to be watched carefully if it gets there.
There is a dip into 2885, but that is the bias above level, so above that we remain bullish.
Price: 2919
KOG’s Bias of the day: (today)
Bullish above 2895 with targets above 2925✅, 2930 and 2933 above that
Bearish on break of 2895 with targets below 2878
RED BOXES:
Break above 2925 for 2930✅, 2937 and 2941 in extension of the move
Break below 2916 for 2910 and 2907 in extension of the move
As always, trade safe.
KOG
