The week in Camelot 💥

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1H Levels

We wanted a move to the downside into the 2002-5 price point where we're getting a temporary bounce. Still in range with all MA's grouped together above.

End of day update from us here at KOG:

Following on from the KOG report, we suggested seeing an early attempt at the low before an attack on resistance where we would be looking to exit any long trades and then hunt for the short from the levels 2017 and above that 2020-25. We wanted to see a confirmed setup to then short the market back down into the lower support levels. So far, so good! Levels are working well, structure is holding strong and the trades are coming up and down, level to level. Would suggest short trades are now protected as per the analysis earlier, and partials/majority taken.

If we bounce here from the range low, we’ll want to target that 2010 level again first, that’s where we’ll decide what to do next. Otherwise, hold the short protected and we’ll see where we find a base.

Gave you two levels for the RIP and one target. Job well done here in Camelot 💥

And BANG, back up from the TAP AND BOUNCE 💥