*FCPO* Week 15 – 2022

This weekly chart is a sideway candle, maintained bearish view. MACD histogram forms the 15th bar ABOVE zero. This week the market close at 6457.

 





MA9 crossed up MA16 on 13th April 2022, the signal confirm on 14th March 2022. TKM v1.2 had Long 4 entry (Jun22 contract) on the Open price 6179, CutLoss at 6100, first Profit Target 6300. Since our entry, the market move higher. We had change our CutLoss to Trailing stop at 6350 to protect profit!

Order status: Long 4 contracts (Jun22) at 6179, Trailing Stop 6300. (We will immediately take profit if price hit 6800 next week, otherwise, we will continue to adjust our Trailing Stop high as per market movement.)

 

FCPO Weekly Chart (Week 15 – 2022)
FCPO Weekly Chart (Week 15 – 2022)

 

FCPO Daily Chart (Week 15 – 2022)
FCPO Daily Chart (Week 15 – 2022)



Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.