The trend is rebound within a bearish trend! This weekly candle is strong bull candle. MACD histogram forms the 2nd bar below zero. This week the market close at 3489.

The MA9 crossed down MA16 on 18th January 2021. Hence, TKM v1.2 had placed 2 Short entries on 19th January 2021 Open price, 3314. On Monday, because of the GAP UP and the market sell down to hit our first TP point, and we have taken our profit on it. It bagged us 128 points profit for 2 Short entries!

Order status: Short FCPO Apr2021 at 3314, Took profit 3250. Won 128 points.