This weekly chart is a bearish candle, still within bullish trend. MACD histogram forms the 2nd bar BELOW zero. This week the market close at 6351.
MA9 crossed down MA16 on 17th May 2022, the signal confirm on 18th May 2022. TKM v1.2 has place 4 Short entries at the price 6130, and it hit CutLoss 6400 at 24th May 2022. This trade losses us 1080 points equivalent to RM27000! Painful! We have to revisit the stop loss limit or the risk-reward-ratio. The result page will be updated.
Order status: Short FCPO Aug22 at 6130, CutLoss 6400. This trade losses us 1080 points equivalent to RM27000!