The weekly trend is extremely bearish. The MACDH form 1st bar Below zero. Weekly ending at 1543. 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, Trailing Stop 1550. Since the market move lower after our entry, we have change our CutLoss to Trailing stop at entry price, 15781550. We will immediately take profit if price hit 1500 next week. The order is still valid and running.
Order Status: Short FKLI May2022 at 1578, Trailing Stop 1578 1550. We will immediately take profit if price hit 1500 next week.