*FCPO* Week 36 – 2022

This weekly chart is a bearish candle, this is still a bearish trend. MACD histogram forms the 16th bar BELOW zero. This week the market close at 3481.

 





MA9 crossed down MA16 and confirm Monday, 5th September 2022. TKM v1.2 has opened 4 Shorts at the Open Price, 3955, CutLoss 4050 and Profit target 3700. However, the market moved down since our entry. We have change the CutLoss to Trailing stop at 3700 for this week. If the price hit 3200 next week, we will immediately take profit!

Order status: Short 4 contracts for November 2022 at 3955, Trailing stop at 3700. If the price hit 3200 next week, we will immediately take profit!

 

FCPO Weekly Chart (Week 36 – 2022)
FCPO Weekly Chart (Week 36 – 2022)

 

FCPO Daily Chart (Week 36 – 2022)
FCPO Daily Chart (Week 36 – 2022)



Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.