This weekly chart is a bullish candle, and the bullish trend might resume. MACD histogram forms the 5th bar Below zero. This week, the market closed at 3777.
The MA9 crossed up MA16 on 17th October 2023 and the signal was confirmed on 18th October 2023. TKM v1.2 had triggered 6 Long contracts Jan2024 at Open price, 3779, Cutloss 3700, and First Profit Target 3850.
This order is valid and still holding. Although this week the price hit below 3700, but we hold on to the entry.
Order status: Long 6 contracts Jan24 at 3779, CutLoss 3700, First Profit Target 3850.