looking at Footise monthly big picture.
price at 2007 high.
Waiting for clearer chart patterns.
looking at a 3 x h1 bull trap to play off this black candle off the 2007 high.
This is a CT , which I hope to evolve to bigger things.
Looking to TP early, as maybe price may be forming the head and perhaps a right shoulder?
Will be using trigger no5. 5: CT bull trap.
I did not managed to catch the shorts on the previous setup from 7 weeks ago.
However I will be looking to see if footsie can completed a D1 13 Tl which may trigger the start of a potential topping out @ 6800.
From the monthly big picture it is scary to see that upon each topping out @ 6800 price will subsequently fall hard.