FTSE 100 Futures<\/h2>\n\n\n\nThe Weekly<\/em> FTSE chart<\/h3>\n\n\n\n![\"FTSE](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/FTSE-100-High-2-at-MA-in-Bull-Trend-TTR-BO-Gap.jpg\" "\\"\\"")
<\/a>FTSE 100 High 2 at MA in Bull Trend, TTR, BO Gap<\/figcaption><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The FTSE 100 futures<\/a> went higher last week setting up a High 2 at the moving average in a bull trend.<\/li>\n\n\n\n
- HTF is a spike and channel with a bear doji, so a pause with traders expecting more up.<\/li>\n\n\n\n
- After the spike, the bears got their 1:1 from the sell below the surprise bar.<\/li>\n\n\n\n
- But bulls were going to take profits there at a measured move and 2:1 swing target from the earlier buy signal.<\/li>\n\n\n\n
- Bears needed to close the breakout gap (BOG), which they missed by less than 10 points.<\/li>\n\n\n\n
- With a gap open, despite being small, limit bears would have struggled to make money.<\/li>\n\n\n\n
- Most bears will exit above this buy signal bar for next week.<\/li>\n\n\n\n
- It’s a high-probability setup, so at least a 1:1 back to test the H1 that trapped bulls up there.<\/li>\n\n\n\n
- Monday might give you a pullback for the swing entry a 2:1, as bears exit.<\/li>\n\n\n\n
- The pain trade? An outside down bar next week trapping bulls and running skunk stops below the bar. Low probability.<\/li>\n\n\n\n
- It’s a big signal bar, so some traders don’t want to risk that much.<\/li>\n\n\n\n
- There is a tight trading range, so stop entries are lower probability, but context is good, at least to cover shorts.<\/li>\n\n\n\n
- Always in long above this bar. For me it never went always in short, it was only a trading range which I had been talking about for several weeks.<\/li>\n\n\n\n
- It’s better to be long or flat; I expect higher prices next week.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> FTSE chart<\/h3>\n\n\n\n![\"FTSE](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/07\/FTSE-100-Buy-Signal-Triggered-Bears-Exit-AIL.jpg\" "\\"\\"")
<\/a>FTSE 100 Buy Signal Triggered, Bears Exit, AIL<\/figcaption><\/figure>\n\n\n\n
<\/a><\/div>\n\n\n\n
- \n
- The FTSE 100 futures<\/a> went higher last week setting up a High 2 at the moving average in a bull trend.<\/li>\n\n\n\n
- HTF is a spike and channel with a bear doji, so a pause with traders expecting more up.<\/li>\n\n\n\n
- After the spike, the bears got their 1:1 from the sell below the surprise bar.<\/li>\n\n\n\n
- But bulls were going to take profits there at a measured move and 2:1 swing target from the earlier buy signal.<\/li>\n\n\n\n
- Bears needed to close the breakout gap (BOG), which they missed by less than 10 points.<\/li>\n\n\n\n
- With a gap open, despite being small, limit bears would have struggled to make money.<\/li>\n\n\n\n
- Most bears will exit above this buy signal bar for next week.<\/li>\n\n\n\n
- It’s a high-probability setup, so at least a 1:1 back to test the H1 that trapped bulls up there.<\/li>\n\n\n\n
- Monday might give you a pullback for the swing entry a 2:1, as bears exit.<\/li>\n\n\n\n
- The pain trade? An outside down bar next week trapping bulls and running skunk stops below the bar. Low probability.<\/li>\n\n\n\n
- It’s a big signal bar, so some traders don’t want to risk that much.<\/li>\n\n\n\n
- There is a tight trading range, so stop entries are lower probability, but context is good, at least to cover shorts.<\/li>\n\n\n\n
- Always in long above this bar. For me it never went always in short, it was only a trading range which I had been talking about for several weeks.<\/li>\n\n\n\n
- It’s better to be long or flat; I expect higher prices next week.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> FTSE chart<\/h3>\n\n\n\n
<\/a>FTSE 100 Buy Signal Triggered, Bears Exit, AIL<\/figcaption><\/figure>\n\n\n\n