KNC is being rejected at the $2 zone and is heading towards the 1.6$ zone before rallying back up to the 2$, 2.4 and 3.2$ zone in December and January. But if it loses the 1.6$ zone then we are in. will consider buying it again at the $1.4 zone
đRED PLAN
â»ïžCondition : If 1-Day closes ABOVE 1.6$ zone
đŽBuy : 1.6
đŽSell : 2 - 2.4 - 3.2
đBLUE PLAN
â»ïžCondition : If 1-Day closes BELOW 1.6$ zone
đ”Sell : 1.6
đ”Buy : 1.4
âDetails
đ«Stoploss for Long : 10%
đ«Stoploss for Short : 5%
đRed Arrow : Main Direction as RED PLAN
đBlue Arrow : Back-Up Direction as BLUE PLAN
đ©Green zone : Support zone as BUY section
đ„Red zone : Resistance zone as SELL section