Hello traders 🐺 .

This is an emergency update for the KCS .

In my last idea about the KCS I was talk about the price targets for the KCS and a lot of different thing about it , but in this idea I just want to talk about the first probable price targets for the KCS so if you want to know more about the KCS you can go and check my last ideas about KCS ( link in the related ideas down below this idea . )

As you can see in the chart above , in my opinion KCS currently is in the very big AB=CD pattern and the price target for this pattern is around the 33$ , but in the immediate short term the first price target is around the 0.618 Fibonacci level :

In the 4H chart you can see that price is inside a descending channel and when this channel break , the first price target for the KCS could be around the 0.618 Fibonacci level .

This is not a Financial advice and always trade based on your trading strategy ; have nice day my dear friends .