The trend is extremely bullish bias and this week ended with a strong bull candle regained last week’s losses. MACD histogram forms the 18th bar above zero. This week the market close at 2914.
The market push up from low ended high on the last trading day of the week. MA9 crossed down MA16 on 29th Sep 2020. TKM v1.2 had placed two Short entries on the Open price, 2730, CutLoss at 2800, and Profit target at 2650. We have CutLoss the entry with the total losses of 140points during 5th October 2020.
The MA lines had confirmed a cross up on 9th October 2020. TKM v1.2 will Long 2 entry upon the open price on the next trading day which is Monday, 12th October 2020. The CutLoss and Profit Target will be shared in next week’s posts. You can also derive it with the Support and Resistance point.
Order status:
- Short FCPO Dec2020 at 2730, CutLoss 2800, losses 140 points!
- 2. TKM v1.2 will Long 2 entry upon the open price on the next trading day which is Monday, 12th October 2020
