*FCPO* Week 49 – 2023

This weekly chart is a bearish candle, and the bullish trend taking a rest. MACD histogram forms the 5th bar Above zero. This week, the market closed at 3741.

 





The MA9 crossed down MA16 on 5th Dec 2023, TKM v1.2 had triggered 6 Short entries at the Open Price, 3824, CutLoss at 3900, First Profit target 3700. Although the price had crossed below 3700 and closed at 3741 during the week. But we have not liquidated our entries with profit, we have changed our Cutloss to Trailing Stop at 3800. The result page will be updated with this entry.

Order status: Short 6 FCPO Feb24 contracts at 3824, Trailing stop at 3800. We will immediately liquidate the entries if the price hit 3600 next week.

 

FCPO Weekly Chart (Week 49 – 2023)
FCPO Weekly Chart (Week 49 – 2023)

 

FCPO Daily Chart (Week 49 – 2023)
FCPO Daily Chart (Week 49 – 2023)



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