This weekly chart is bearish candle, and the price closed lower than last week close! MACD histogram forms the 1st bar BELOW zero. This week the market close at 4652.
MA 9 crossed down to MA16 on 29th Nov 2021. The signal confirm on the next day 30th Nov 2021, TKM v1.2 had placed 2 Short entries on the open price, 4760, CutLoss 4850, First Profit Target 4650.
Since the market moves down after our entry. The price dive below 4600 on 2nd Dec 2021, we have taken profit at 4600! This quick trade bagged 320 points for us. The result page will be updated with this entry.
Order status: Short Feb21 at 4760, Took profit 4600. 320 points gain.