The weekly candle is a very bearish candle that pull back from last week high but didn’t drop more than half the candle of last week. The MACD histogram formed the 5th bar BELOW zero. Weekly ending at 35641.4. The market closed above 35000, and the bearishness is expected to continue.

The MA9 crossed up MA16 and confirmation on 10th December 2021, TKM v1.2 had placed 2 Long entries on 12th December 2021, open price, 35995, CutLoss 35500 and Profit target 37000. The order was closed on 14th December 2021 because it hit out Cutloss point at 35500. This trade loss us 990 points in total. What a painful 2 days trade!

Order status: Long 2 entries at 35995, CutLoss at 35500. Lose 990 points.