THE KOG REPORT - Update

End of day update from us here at KOG:

Early session we were looking for the 2430 region to hold the price and expecting an attempt at the 2400 level before a bounce, which we got perfectly. We then gave the bias target levels 2424 and 2430 which we both completed for our followers. We've then flipped and manage a short into the the 2320 price point which is where we're not seeing another temporary bounce.

Once you identify your range you can trade the levels, but the price must form its structure and give you a clear indication of the move, this is something we have been following today giving us a decent pip capture up and down.

So, what now?

We have support 2420 and resistance 2430 which will need to break for us to target the 2340-45 region, ideally what we want to see! For that reason, we will stick with the plan for now, but be looking for a move into that region, potentially a little higher, before we the look for the RIP to take this back down.

As you can see, KOG's weekly and daily bias levels are extremely effective in keeping traders the right side of the markets, please do help support the channel by hitting the boost button and leaving a comment for us.

As always, trade safe.

KOG