THE KOG REPORT - Update

End of day update from us here at KOG:

Following on from yesterday, we wanted to see the breakout confirmed so we could continue with the path and stick with the bias level and targets published on the KOG Report. We managed to get a couple of decent trades on not only the long but the pull back prior into the red box level which gave the RIP we wanted to target higher pricing.

We're now a little stretched and high approaching the order region 2750-55 which we have circled as a potential region to attempt the short trade back into the support level 2740 and below that 2735. IF we get the pull back first, it's very likely we will attempt higher pricing in the coming sessions.

KOG’s bias of the week:

Bullish above 2680-5 with targets above 2720✅, 2730✅, 2735 and above that 2745✅
Bearish on break of 2780 with targets below 2670 and below that 2766

RED BOX TRADERS:

Break above 2704 for 2710✅, 2716✅, 2735✅ and 2733✅ in extension of the move
Break below 2695 for 2788, 2682, 2680 and 2665 in extension of the move

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As always, trade safe.

KOG