THE KOG REPORT - Update

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End of day update from us here at KOG:

A choppy open to the week however we did hit the first target on open, then bounced into the entry region for the short, and managed to come down again into the target region. This is now a support level which is holding, with resistance above at the 2655 level which, if held over the coming session should complete the move we want downside.

We would suggest not entering here as the move has already started and the ideal entry was from above. We'll wait lower now to see if we get a reaction to go long!

As always, trade safe.

KOG

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أغلقت الصفقة: تم الوصول للهدف

A little sooner than expected but 200MA on the hourly gave us the bounce we wanted into the circled region completing the move. 2655 held give us a scalp short into 2646-7 so we'll sit back now.