End of week update from us here at KOG:
Yesterday we wanted to target that higher level and got a really good entry for it, however, after just over 90pips and taking partials we closed at BE. Today we told our traders to watch that 2672-5 region and if rejected, to expect this to start some form of correction, which it has.
We're now at red box active support which needs to break, otherwise a slow push up into that 2665 region could be on the cards for the close but that needs to hold to continue the push into 2640.
We'll be back on Sunday with the KOG Report and our view for the week ahead.
Wishing you all a great weekend.
As always, trade safe.
KOG
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