End of day update from us here at KOG:
Not a bad start to the week at all!
We managed to follow the path as expected into the first RBD and got the bounce that we wanted for the long trade to start the week. We have faced some reaction at the resistance level but have not as yet hit the higher RB, which is now a little bit of a concern. What we don't want to see if price to begin the move without the full retracement so for that reason we'll stick with the plan for now.
We have support below at the 4010 level and resistance at the 4035 level, this gives us the potential range for Asia. What we would like to see here is support hold and for price to attempt that 4035 level again which is where we want to either see a breach or RIP.
For now, we'll go with it. It's been a decent capture to start the week, let's see how the market closes.
RB targets are still active.
As always, trade safe.
KOG
Not a bad start to the week at all!
We managed to follow the path as expected into the first RBD and got the bounce that we wanted for the long trade to start the week. We have faced some reaction at the resistance level but have not as yet hit the higher RB, which is now a little bit of a concern. What we don't want to see if price to begin the move without the full retracement so for that reason we'll stick with the plan for now.
We have support below at the 4010 level and resistance at the 4035 level, this gives us the potential range for Asia. What we would like to see here is support hold and for price to attempt that 4035 level again which is where we want to either see a breach or RIP.
For now, we'll go with it. It's been a decent capture to start the week, let's see how the market closes.
RB targets are still active.
As always, trade safe.
KOG
🔵 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.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
🔵 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.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.