The weekly trend is extremely bearish. The MACDH form 18th bar above zero. Weekly ending at 1557.5. Looking at the candle sticks patterns, it is bearish.
MA9 crossed down MA16 on 5th May 2022, the signal confirm on 6th May 2022, TKM v1.2 has placed 4 Short entries at the Open Price, 1578, CutLoss 1600, first Profit Target 1550. Yes, this entry was placed during the Night market (5th May 2022). Since the market move lower after our entry, we have change our CutLoss to Trailing stop at entry price, 1578. We will immediately take profit if price hit 1500 next week. The result page will be updated with this entry.
Order Status: Short FKLI May2022 at 1578, Trailing Stop 1578. We will immediately take profit if price hit 1500 next week.