The weekly candle is a bearish candle, the bears controlling the battlefield! Trend is bearish now. The MACD histogram formed the 25th bar BELOW zero. Weekly ending at 32855. The market closed below 33000.
On 24th April 2022, MA9 is crossing down MA16, the signal confirms on 25th April 2022. TKM v1.2 placed 4 Short entries at the Open Price 33760, CutLoss 34500, Profit Target 32000. The market move downwards strongly before ending the week. We will set our trailing stop to 33700 to protect modal. The order is liquidated this week on 4th May 2022, it is unfortunate that the market drop further after hitting our trailing stop.
TKM v1.2 will continue to monitor for a new signal.
Order status: Short 4 entries US30 at 33760, Trailing Stop 33700. Break even.