*FCPO* Week 44 – 2019

Weekly trend is bullish. MACD histogram form 14th bar above zero. Weekly closed at 2461. It is still bullish!

 





The market continues to trend higher. Today ended with a profit-taking candlestick. According to the pattern study, this is an Evening star formation. If the next trading day opens lower and cannot go higher than last Friday high, then it is a pattern confirmation. However, TKM v1.1 will not trade base on the pattern, we continue to believe and trust our trigger and confirmation by the crossing of MA lines.

TKM v1.1 will continue to monitor for a fresh signal.

 

FCPO Weekly Chart (Week 44 – 2019)

 

FCPO Daily Chart (Week 44 – 2019)

 




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