THE KOG REPORT - Update

16 thg 10

End of day update from KOG:

Yesterday we were looking for support to hold for higher pricing, which it did. We had the bias target level 2670 and above that 2685 which are both now completed. The red boxes gave perfect entry exit trades following the bias which allowed our traders to make the most of the frustrating movement.

Now, similar to yesterday, we have support below around the 2665 level which will need to hold the price up in order to retest this high again. We won't be looking to long or short now, rather wait and see how we close and then only scalp for the rest of the week. We've done enough, taken enough and followed the path well.

Look for support 2665 to hold for 2687 and above that 2690-95.

Red boxes - Break of 2667 for 2660 in extension of the move.

As always, trade safe.

KOG