THE KOG REPORT - Update
Aggiornato
End of day update from us here at KOG:
Yesterday we said we would be looking for the range to play and suggested either taking the long from the low or shorting it from the high. Price resumed lower early session giving the long entry up into the range high completing the idea where we then updated traders and told them not to take notice of the down arrow, due to CPi. We didn't catch the whole move upside, but what we anticipated was enough.
Now we're up above the 2400 level with the resistance level upside in the order region 2230-35 and the support level 2395 and below that 2385-90 which will have to hold for price to continue further up. We've plotted two ideas, if we continue upside during the Asian session and get a decent set up, a short is potentially available back into the lower region. Otherwise, we'll look for any scalp shorts to complete around the 2403-5 and below that 2396 region.
As always, trade safe.
KOG
Yesterday we said we would be looking for the range to play and suggested either taking the long from the low or shorting it from the high. Price resumed lower early session giving the long entry up into the range high completing the idea where we then updated traders and told them not to take notice of the down arrow, due to CPi. We didn't catch the whole move upside, but what we anticipated was enough.
Now we're up above the 2400 level with the resistance level upside in the order region 2230-35 and the support level 2395 and below that 2385-90 which will have to hold for price to continue further up. We've plotted two ideas, if we continue upside during the Asian session and get a decent set up, a short is potentially available back into the lower region. Otherwise, we'll look for any scalp shorts to complete around the 2403-5 and below that 2396 region.
As always, trade safe.
KOG
Nota
*2430-35Trade chiuso: obiettivo raggiunto
Nice move down into support, tapped we've hit target. We're happy with the short trade today as it's Friday. Resistance now stands at the 2410 region which will need to break to go higher. Support key level 2385 needs to hold us up as an extension of the move. It's a take and run here in Camelot, job done.
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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.
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