The weekly trend is retracement within a bullish trend. The MACDH form 6th bar above zero. Weekly ending at 1577. Looking at the candle sticks patterns, it is a bullish reversal!
The MA9 crossed up MA16 on 9th February 2022, TKM v1.2 confirm the signal on 10th February 2022, with that, we have placed 4 LONG entries with the open price, 1554, CutLoss set at 1530, First profit target 1580. During the week, it almost touches our first profit target. In order to protect our modal, we have set our Trailing stop at 1554. The entries are still active and holding.
Reminder: The previous entries before Chinese New Year holiday which is Short, we did not manage to close it at 1500, so the reversal back to 1520 has kicked us out from the position with break-even result. The result page will be updated.
Order status: Short Feb22 at 1520, Break Even at 1520.
Long 4 entries Feb22 at 1554, Trailing stop 1554.