End of day update from us here at KOG:
We like it when the indicators and algo's work but when it doesn't quite go to the KOG Report plan it is a bit disappointing. It just goes to show the market has it's plan and all we're doing is adapting and looking to take a few crumbs from it.
Following on from yesterday, we had a red box break and our bias level broke which meant no long trade early session, instead, we completed all but one of the bearish targets in one swoop.
We then updated traders suggesting the liquidity indicators are showing that a reversal is on the way and as support formed at the key level we managed to get the long instead into the 3330 level which is where we are now. Support now is the 3320 region but as you can see we're above the red box. That makes this a crucial level, if we hold, we continue with the plan on the KOG Report and potentially get our short from higher up, or, we wait and see how that box below reacts to price.
Either way, it's too late in the session to do anything, we'll come back tomorrow.
RED BOX TARGETS:
Break above 3350 for 3355, 3360, 3362, 3365, 3374, 3388 and 3396 in extension of the move
Break below 3335 for 333✅1, 3324✅, 3321✅, 3310✅, 3306✅ and 3293 in extension of the move
As always, trade safe.
KOG
We like it when the indicators and algo's work but when it doesn't quite go to the KOG Report plan it is a bit disappointing. It just goes to show the market has it's plan and all we're doing is adapting and looking to take a few crumbs from it.
Following on from yesterday, we had a red box break and our bias level broke which meant no long trade early session, instead, we completed all but one of the bearish targets in one swoop.
We then updated traders suggesting the liquidity indicators are showing that a reversal is on the way and as support formed at the key level we managed to get the long instead into the 3330 level which is where we are now. Support now is the 3320 region but as you can see we're above the red box. That makes this a crucial level, if we hold, we continue with the plan on the KOG Report and potentially get our short from higher up, or, we wait and see how that box below reacts to price.
Either way, it's too late in the session to do anything, we'll come back tomorrow.
RED BOX TARGETS:
Break above 3350 for 3355, 3360, 3362, 3365, 3374, 3388 and 3396 in extension of the move
Break below 3335 for 333✅1, 3324✅, 3321✅, 3310✅, 3306✅ and 3293 in extension of the move
As always, trade safe.
KOG
Trade active
Key level here which needs to be watched on the red box. Support here and we go higher, break and we go lower. At the moment, neutral apart from scalping awaiting the break
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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.