KCS - Long-Term View! 🔍

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Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

As per my last analysis (attached on the chart), we were looking for buy setups around the 5-6 support zone.

KCS rejected the 6.0 support zone and traded higher.

🏹 For the bulls to take over long-term, we need a break above the last weekly major high in gray around 11.5

Meanwhile, if KCS retests the 6-7 support again, we will be looking for new short-term buy setups.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Penafian

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