THE KOG REPORT - UpdateEnd of day update from us here at KOG:
An interesting week in Camelot and on the markets this week! Can we say it went to plan, in all honesty, no, not really. We got most of the levels we wanted for the bigger moves, but the retracements just didn't come to get better entries. We've done well on the targets and the red boxes, all the weekly bias target levels were also hit, but it did take constant analysing and monitoring to keep the team on track and the right way in the market.
Now, we have support below at the 2935 level with resistance above circled, which could be a decent target from anyone holding the long trade we shared and update the wider community on late session yesterday. Unfortunately, we couldn't update the KOG Report with the idea.
Wishing you all a great weekend ahead and we'll see you on Sunday for the KOG Report and our view for the week ahead.
KOG’s bias for the week:
Bullish above 2865 with targets above 2885✅, 2895✅, 2902✅ and above that 2910✅
Bearish on break of 2865 with targets below 2855, 2850, 2843, 2835 and below that 2828
RED BOXES:
Break above 2885 for 2888✅, 2902✅, 2910✅ and 2913✅ in extension of the move
Break below 2875 for 2870, 2865, 2857, 2855 and 2850 in extension of the move
As always, trade safe.
KOG