End of day update from us here at KOG:
That was worth waiting for! We were expecting higher to then short this into the level we wanted, but as you can see, we had no red box break and our bias level was 3335. That resistance gave us an opportunity early session to get in and then the break of the 3320 level confirmed the move completing a majority of our targets.
Now we have support here and resistance at the 3395 level and above that 3406. We have a lower level here of 3375 which we feel if targeted and rejected, could give the opportunity for a RIP into the higher levels.
KOG’s Bias of the day:
Bearish below 3450 with targets below 3420✅, 3410✅, 3406✅, 3397✅ and 3390✅
Bullish on break of 3450 with targets above 3455, 3458, 3464 and 3478
RED BOXES:
Break above 3435 for 3440, 3446, 3449 and 3461 in extension of the move
Break below 3420 for 3410✅, 3406✅, 3397✅ and 3379 in extension of the move
As always, trade safe.
KOG
That was worth waiting for! We were expecting higher to then short this into the level we wanted, but as you can see, we had no red box break and our bias level was 3335. That resistance gave us an opportunity early session to get in and then the break of the 3320 level confirmed the move completing a majority of our targets.
Now we have support here and resistance at the 3395 level and above that 3406. We have a lower level here of 3375 which we feel if targeted and rejected, could give the opportunity for a RIP into the higher levels.
KOG’s Bias of the day:
Bearish below 3450 with targets below 3420✅, 3410✅, 3406✅, 3397✅ and 3390✅
Bullish on break of 3450 with targets above 3455, 3458, 3464 and 3478
RED BOXES:
Break above 3435 for 3440, 3446, 3449 and 3461 in extension of the move
Break below 3420 for 3410✅, 3406✅, 3397✅ and 3379 in extension of the move
As always, trade safe.
KOG
Trade 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.