End of day update from us here at KOG:

Quite pleased with the outcome of today, the levels held well, the red boxes worked well, KOG's bias also worked well and on top of that the red box target worked well! We got a reaction after completing the bullish target and we're now sitting 2720 support which is holding us up. We would suggest those short protect and manage their trades and look for the 2730-35 level as a key level which needs to hold us down in order to complete the move.

We'll stick with the plan for now, knowing the entries are safe if you took them from where we suggested. If we break back above 2735 the opportunity comes from higher up, ideally we want lower to get better entries for the long.

As always, trade safe.

KOG
Supply and DemandSupport and ResistanceTrend Analysis

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