The weekly candle is bearish, the trend is bearish, and the price is falling back into the BELOW of the sideway zone right now. The MACD histogram formed the 4th bar Below zero. Weekly ending at 33537.5.
The MA9 crossed down MA16 on 16th August 2023, and the signal was confirmed on 17th August 2023. TKM v1.2 has triggered 6 Short entries on the US30 contract at the Open price, 34767, Trailing stop at 34767, The First profit target is 33500.
On 27th September 2023, the market hit our Profit target of 33500, we have liquidated all entries and this trade bagged us 7602 points profit!
Order status: Short 6 contracts for US30 at 34767, Took profit at 33500. this trade bagged us 7602 points in profit!