HTF In terms of that 6821 level for KNC, I wouldn't be a buyer there. Price already wicked close to the zone a few times in the past few weeks.
Shown in red is also the way it has onsolidated below a key resistance for a few weeks before recently breaking down -
On the lower timeframes you could make a case for a quick scalp If it can flip the red level again shown below -
But again overall I would rather wait for that retrace into HTF support.