Price finally breaks out of the range and hits the region we wanted which was just above the range high. We got a reaction there around 100pips max capture but that was all that was given until the break resulting in the flip. Resistance now 3050-55 with support 3040-35

News later which is going to bring more volume into the markets so we're going to sit back a little now and see what it does.

3055 held us well, support below 3040, nice short capture there.

Red boxes leading the way

That's our TP, protected and managed like an absolute beauty

Breaching 3050 is important!! So entry levels are crucial. Entering at the right place at the right time gives you limited drawdown, a small stop and a larger capture. Look at the Red box!

TP1

IT'S BACK!

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KOG

KOG’s bias for the week:

Bearish below 3040 with targets below 3010✅, 3006✅, 2997, 2985 and below that 2978

Bullish on break of 3040 with targets above 3050✅, 3055✅, 3063✅ and above that 3067✅

RED BOXES:

Break above 3037 for 3040✅, 3047✅, 3050✅, 3055✅, 3063✅ and 3066✅ in extension of the move

Break below 3010 for 3006✅, 3000, 2997, 2990 and 2985 in extension of the move

Not bad at all. Camelot Friday, we're cleaning up trades in preparation for the week ahead. It's also the last couple of trading days of the month and quarter, so we'll take it easy.

Wishing you all a great weekend ahead, and we'll see you on Sunday for the KOG Report and our view on the markets.