Weekly trend and price action is bearish with MACDH a second bar below zero. Weekly ending at 24697. The support of 24500 is tested this week!

Daily trend support by MA lines with bearish bias in Weekly chart.

TKM v1 had Shorted the market at very good price LAST WEEK but the cutloss has kicked the entry to losses. This is part of trading, most of the time, you may have a good entry but your cut loss is the culprit which turn profit to losses. In future, we might want to revise the cut loss formula to have higher risk ratio (bigger cut loss range) to witstand the market volatility.

Bare in mind, due to market availability, TKM v1 will not trade this product in any trading platform but make a record on each signal to benefit our readers for educational purposes.