This weekly chart is a bearish candle, and the bullish trend might end. MACD histogram forms the 11th bar Above zero. This week, the market closed at 3826.
MA9 crossed up MA16 and the signal was confirmed on 24th August 2023. TKM v1.2 placed 6 long entries(Nov2023 contract) on 24th August 2023 at 3840. The price hit our trailing stop on 7th September 2023, 3850. This trade bagged us 60 points profit. We will take this trade as breakeven. The result page will be updated.
Although the MA9 crossed down MA16, we will let go of this trigger because we just liquated our entry; we will not take this trade.
Order status: Long 6 contracts Nov 2023 at 3840, Breakeven 3850.