The weekly trend is bearish with a lower low candle. MACDH form 14th bar above zero. Weekly ending at 1560.5. The bear is winning fights, but the bull has not given up.

MA9 and MA16 had crossed down during Monday, 10th August 2020, this is a confirmation. Hence, TKM v1.2 had placed two Short entries at the open price of Tuesday, 11th August 2020 which is 1574.5, CutLoss at 1600 and Profit Target at 1550. On 12th August 2020, the price dive as low as 1541 but TKM v1.2 has not taken the profit because we are unable to set our trailing stop at 1550 and we do not take profit which is not what we planned for. This order is alive as it is! The result page will be updated with this entry.

Order status: Short FKLI August 2020 at the price 1574.5, CutLoss at 1600, First Profit Target at 1550.