KNC doing very well. I would expect a pullback to the next demand or pivot at least but if the rest of the market breaks up out of their ranges I would expect this to move even more. If things break down KNC can still go to the weekly and still be looking quite bullish. Heavy supply zone above, if we get a big sell-off here I would expect it to go back to the macro demand between Q4 and YO
possible entries- if we close below DO look for a short trigger with TPs at demand zones. Hold the DO and the rest of the market makes a move up I would be looking for long triggers
possible entries- if we close below DO look for a short trigger with TPs at demand zones. Hold the DO and the rest of the market makes a move up I would be looking for long triggers