This weekly chart is a sideway bearish candle, this is still within bullish rebound in a bearish trend. MACD histogram forms the 12th bar BELOW zero. This week the market close at 4420.
MA9 crossed up MA16 on 11th August 2022, the signal confirm on 12th August 2022. TKM v1.2 has placed 4 Long entries at the Open price 4277, CutLoss 4200, Profit Target 4600. Since the week ended higher than our entry price. We will set the trailing stop to our entry price 4277. If the market hit 4800 next week, we will immediately book the profit.
Order status: Long Oct2022 4 contract at 4277, Trailing stop 4277. We will immediately book profit if market hit 4800.
