The week closed with a star candle. The MACDH forms the 3rd bar BELOW zero. Weekly ending at 1593.5. The trend is bearish now.
MA9 and MA16 crossed down on 5th August 2024. However, TKM v1.2 didn’t take the trade because the next day confirmation rule on 6th August 2024, the Open price is too low which is 1520.5. Hence, we let go of this trade.
TKM v1.2 will continue to monitor for a fresh signal.