THE KOG REPORT - Update

昨天

End of day update from us here at KOG:

Price moved well today sticking to the bias level and completing the first two TP levels we had shared. The path illustrated yesterday also worked well giving the move into the support level, then the bounce upside into resistance before then resuming the move.

With FOMC tomorrow we can expect any sharp movement to happen in the late session and Asia, otherwise the pre-event price action has begun, we have a range in play with resistance above at the 3395 level and support below 3355-60 which has been highlighted. The bias will stand for now but we're going to take a back seat.

Price: 3382

KOG’s Bias of the day:

Bearish below 3401 with targets below 3365, 3358 and below that 3350
Bullish on break of 3401 with target above 3410 and above that 3425

RED BOXES:

Break above 3395 for 3406, 3410, 3416 and 3419 in extension of the move
Break below 3378 for 3368✅ and 3355 in extension of the move

As always, trade safe.

KOG

6 小時前

交易進行

Range in play pre-event which is holding so far. Support 3368 while resistance stands at 3403