The weekly trend is retracement within a bullish trend. The MACDH form 10th bar above zero. Weekly ending at 1560.5. Looking at the candle sticks patterns, it is still bearish bias. The trend would change to a bear trend when the weekly price close below 1520.
MA9 crossed below MA16 on 8th March 2022. The signal confirm on 9th March 2022, TKM v1.2 had opened 4 Short entries at the open price 1528, Cut Loss set at 1550. Sadly, the market moved higher and hit our Cutloss. We are out of the position on 10th March 2022. We lose 88 points quickly! What a trade! The result page will be updated with this trade.
TKM v1.2 will continue to monitor for a fresh signal.
Order status: Short 4 entries FKLI Mar at 1528, Cut loss at 1550. We lose 88 points.