{"id":185716,"date":"2023-08-12T07:00:00","date_gmt":"2023-08-12T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=185716"},"modified":"2023-08-12T02:54:26","modified_gmt":"2023-08-12T09:54:26","slug":"ftse-100-bear-inside-bar-tr","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/ftse-100-bear-inside-bar-tr\/","title":{"rendered":"FTSE 100 Weak Bear Inside Bar in Middle of TR"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: FTSE 100 Futures<\/h2>\n\n\n\n<p>The&nbsp;<strong>FTSE futures <\/strong>market moved sideways-to-down last week with a bear inside bar. On the daily, we were up most of the week and dropped back on Friday. Classic trading range price action. Disappointing follow-through is a sign to scalp on these timeframes. That means the day session will have very different price action. We&#8217;re forming a larger triangle, so it is BOM and most traders should wait for a strong BO in either direction for a possible swing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FTSE 100 Futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> FTSE chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Inside-Bar-in-Middle-of-TR.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Inside-Bar-in-Middle-of-TR.jpg\" alt=\"FTSE 100 Bear Inside Bar in Middle of TR\" class=\"wp-image-185807\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Inside-Bar-in-Middle-of-TR.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Inside-Bar-in-Middle-of-TR-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Inside-Bar-in-Middle-of-TR-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Inside-Bar-in-Middle-of-TR-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Inside-Bar-in-Middle-of-TR-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Bear Inside Bar in the Middle of TR<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/uk-100-futures\" target=\"_blank\" rel=\"noreferrer noopener\">FTSE 100 futures <\/a>last week was a small bear inside-bar with a tail below.<\/li>\n\n\n\n<li>It comes after the bear surprise bar last week at the test of the MA and was a pullback to the EMA in a fair tight bear channel.<\/li>\n\n\n\n<li>The bulls bought the 100-week EMA, and it became a HL DB with March.<\/li>\n\n\n\n<li>Some bulls see a BO of the TR,  a HH and a deep two-legged pullback that runs along the prior bear channel line.<\/li>\n\n\n\n<li>Other bulls see a broad bull channel and expect the trading to be two-sided. <\/li>\n\n\n\n<li>This balance allows both bulls and bears to make money as they exit around the extremes &#8211; the channel lines.<\/li>\n\n\n\n<li>The bears might see the failed BO above a trading range and so expected two legs sideways to down.<\/li>\n\n\n\n<li>That probably finished last month, and most exited, allowing the bulls to resume control.<\/li>\n\n\n\n<li>The bulls got a small bull microchannel that tested the MA and the top of the last sell climax.<\/li>\n\n\n\n<li>It looks like we are now in BOM (Breakout Mode.)<\/li>\n\n\n\n<li>Bulls should get a second leg sideways to up, but the last two weeks are bad entry bars &#8211; likely limit order trading below the tails.<\/li>\n\n\n\n<li>It is OK to be long with a stop below the recent low. The bear inside bar will probably reverse if the bears get a BO here.<\/li>\n\n\n\n<li>Bears scaled in higher and had a chance to exit breakeven, which I think they should take. The last channel had many legs, so probably done.<\/li>\n\n\n\n<li>If it is a smaller trading range, you might get some bears looking to fade this BO for a test of the low &#8211; too many bull bars to be short. I&#8217;m looking for a long entry.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> FTSE chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Scale-in-Bulls-Exit-Sideways-Week.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Scale-in-Bulls-Exit-Sideways-Week.jpg\" alt=\"FTSE 100 Scale-in Bulls Exit, Sideways Week\" class=\"wp-image-185811\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Scale-in-Bulls-Exit-Sideways-Week.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Scale-in-Bulls-Exit-Sideways-Week-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Scale-in-Bulls-Exit-Sideways-Week-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Scale-in-Bulls-Exit-Sideways-Week-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Scale-in-Bulls-Exit-Sideways-Week-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Scale-in Bulls Exit, Sideways Week<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/uk-100-futures\" target=\"_blank\" rel=\"noreferrer noopener\">FTSE 100 futures<\/a> on Friday was a big bear bar closing near its low, so we might gap down on Monday.<\/li>\n\n\n\n<li>It is a bear surprise after 2 bull bars, and if it gets followthrough on Monday, it might get a second leg sideways to down.<\/li>\n\n\n\n<li>The bulls see a very strong bull breakout,  a tight bull channel breaking out of a wedge bottom. Traders expect two legs up of a similar number of bars to the wedge &#8211; we haven&#8217;t had that yet.<\/li>\n\n\n\n<li>The bulls see this as the correction from leg one and want a similar-sized leg to follow. This leg looks like a fractal of the weekly chart.<\/li>\n\n\n\n<li>If you look at the fractals &#8211; we might get an inside bar on the daily &#8211; to correspond to the bear inside bar on the weekly.<\/li>\n\n\n\n<li>There is one open bull gap above, so we will probably get up there at some stage.<\/li>\n\n\n\n<li>The bears see lower highs and expected a trading range to follow the bear channel. The BO was strong and probably caught the limit traders off-guard who had to scale in at the gap above &#8211; they made money.<\/li>\n\n\n\n<li>We tested all the way back to the BO point of the wedge below &#8211; see the long tail.<\/li>\n\n\n\n<li>Now we are in the middle of the TR &#8211; an inside bar on the weekly, and so BOM.<\/li>\n\n\n\n<li>Both sides have cases to argue, which will probably lead to sideways trading. Expect the first BO to fail 50% of the time.<\/li>\n\n\n\n<li>Some bears will sell below this bar, expecting a 2nd leg down. Others will wait for the follow-through. Big bars often reverse.<\/li>\n\n\n\n<li>Its a bear inside bar on the HTF so traders should be careful of taking a swing entry too early.<\/li>\n\n\n\n<li>The location is bad for stop-entry traders &#8211; so if you do trade, look to scalp part of your position &#8211; most days have been reversing.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: FTSE 100 Futures The&nbsp;FTSE futures market moved sideways-to-down last week with a bear inside bar. On the daily, we were up most of the week and dropped back on Friday. Classic trading range price action. Disappointing follow-through is a sign to scalp on these timeframes. That means the day session will have very [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":185807,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1697,136],"tags":[1699],"class_list":{"0":"post-185716","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ftse-100","8":"category-analysis","9":"tag-ftse-100","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Inside-Bar-in-Middle-of-TR.jpg","author_info":{"display_name":"Timothy","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/timfairweathercagmail-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/185716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/10339"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=185716"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/185716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/185807"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=185716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=185716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=185716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}