KCS - Purple War Zone!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

KCS is overall bullish trading inside our brown trendlines and now approaching the lower bound / trendline.

Moreover, the area 15.0-16.0 is a "Resistance turned into Support".

So the highlighted purple circle is a very strong area to look for buy setups as it is the intersection of support in green and lower brown trendline.

As per my trading style:
As KCS approaches the highlighted purple circle (area) I will be looking for possible buy setups (like a double bottom, trendline break, and so on...)

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich