End of day update from us here at KOG:

We’ve been concentrating on Camelot most of this week and what a week it’s been. We remained with the chart posted on the KOG Report where we planned the range boxes as well as the red boxes and expected price to play…

THE KOG REPORT

In the previous KOG Report we provided traders with our range boxes and the hot spots to go with them. We gave the lower region for a short target and the potential long, the amber box for the play and the red range box above for the potential…

Weekly chart:

Quick look at the weekly chart. As you can see, we rested on the defence box, ultimately breaking through (this would have been clearer on the daily TF). We then preceded to complete the move downside, getting the tap and bounce RIP.

Now…