End of day update from us here at KOG:
Hmm, didn't quiet go the way we wanted but we did say watch for a break either side if you're long. The break came downside and our 4H red box bounced price early session only to then complete the move we initially wanted. Not quiet a cigar but it worked in the end and you can't win them all.
Today we posted the red box levels and again as you can see we've completed all of them on the move upside. Now we need traders to play caution going long up here as you don't want to trade the candles! For that reason we have support 3310 and below that 3305, which if attacked and held can give us further movement upside. With tomorrow being the last trading day of the week, we're going to take it easy and wait for the weekly and monthly close.
Watch the red boxes, breaks either side again.
Today's red box targets:
Break above 3290 for 3306✅, 3310✅, 3320✅ and 3324✅ in extension of the move.
As always, trade safe.
KOG
Hmm, didn't quiet go the way we wanted but we did say watch for a break either side if you're long. The break came downside and our 4H red box bounced price early session only to then complete the move we initially wanted. Not quiet a cigar but it worked in the end and you can't win them all.
Today we posted the red box levels and again as you can see we've completed all of them on the move upside. Now we need traders to play caution going long up here as you don't want to trade the candles! For that reason we have support 3310 and below that 3305, which if attacked and held can give us further movement upside. With tomorrow being the last trading day of the week, we're going to take it easy and wait for the weekly and monthly close.
Watch the red boxes, breaks either side again.
Today's red box targets:
Break above 3290 for 3306✅, 3310✅, 3320✅ and 3324✅ in extension of the move.
As always, trade safe.
KOG
Trade closed: target reached
We've had a couple of bounces from the level we wanted to long from but not enough volume to drive it out of the range. For that reason, we'll take what we've got and leave this here for now, unless we can break out upside, then flip. It's also the last day of the month so a bit risky due to a pending breakout, best to come back next week.KOG
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🔴 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.