THE KOG REPORT - Update

30. Sept. 2024

End of day update from us here at KOG:

A decent start to the week with price rejecting our anticipated level and giving us the move downside we wanted completed the 2650 and 2635 bearish below targets. If you look at the Red boxes we also shared, you'll see the break below KOG bias of the week, then the move down into the red box where we are not getting a temporary bounce.

Resistance now stands at the 2645-50 region on the flip, which will need to break to go higher, otherwise we'll continue with the plan and look lower for the long. That's unless the red boxes and Excalibur tell us otherwise. For now, lovely days trading, wouldn't short it here let's look for a reaction in the circled area.

As always, trade safe.

KOG

1. Okt. 2024

Trade geschlossen: Ziel wurde erreicht

Nice long trade here today, target completed