Weekly trend and price action is continuation rebound from low with MACDH a SHORTER bar below zero. Weekly ending at 24744.5. The psychological resistance of 24000 is broken and 24500 resistance is tested and broken too. Bullish bias!
The MA9 is crossing above MA16 and TKM v1.1 confirm it during 11th January 2019. The market continue to trend higher since then. It hit our first profit target, hence, we will set the trailing stop to protect profit while letting the entry run higher (if possible, we are looking at 25600!)
Order status – 11th January 2019: Long 23933, Cut Loss 23600, Trailing Stop 24500.
Good luck!
Based on market availability, TKM v1.1 will not trade this in any exchange. This signal is merely for educational purposes.