The weekly candle is a bearish candle. The MACD histogram formed the 2nd bar Below zero. Weekly ending at 39609.

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 39017. Hence, we let go of this trade.

TKM v1.2 will continue to monitor for a fresh signal.