The weekly candle is a huge bearish candle. The MACD histogram formed the 10th bar BELOW zero. Weekly ending at 34242.7. The market closed below 34500, and this pullback already changed the bullish trend by engulfing many previous weekly candles.
The MA9 crossed down MA16 on 17th January 2022, the entry confirmation happen on 18th January 2022, TKM v1.2 has shorted 4 entries on US30 future at the open price, 35950. CutLoss set at 36500, First profit target 35500. The market continue to run downward after our entry. We had changed our Cutloss to Trailing stop at 35000 to let the profit run. Also, we will immediately liquidate our entry when the price hits our final target price 33000.
Order status: Short US30 at 35950, Trailing Stop 35000. We will immediately liquidate our entry when the price hits our final target price 33000.