UK-100: The first major index to form new ATH

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UK-100: The first major index to form new ATHUK 100CAPITALCOM:UK100RameeezMarket Overview A macro structural shift is underway on the FTSE 100 Index. Following a textbook purge of major sell-side liquidity and a strong monthly close, a higher-timeframe reversal is now confirmed. Our focus shifts to executing a high-probability long entry by aligning the Daily discount zone with the algorithmic formation of the new monthly candle. Technical Analysis Breakdown: Top-Down Alignment 1. The Confirmed Reversal (Liquidity Purge) The Sweep: Looking at the Daily timeframe (left chart), the algorithm aggressively reached down and swept the "major sell side" liquidity pool resting at 10,053.9. The Confirmation: The critical confirmation came from the higher timeframe. The market not only swept this level but rejected it sharply, resulting in a monthly candle close significantly above the swept lows. This constitutes a classic liquidity purge (Turtle Soup) and confirms the macro reversal is in effect. 2. The Setup: The Daily Discount Zone With the reversal locked in, we are defining our new Daily dealing range from the recent absolute swing low (post-sweep) up to the newly formed daily swing high. The Objective: We do not chase the initial expansion. We are now waiting for the algorithm to reprice lower, tapping into the Discount Zone (below the 0.5 equilibrium of this specific swing range). This is where smart money will accumulate long positions for the next leg up. 3. The Monthly Manipulation Wick (Power of 3) Engineering the Candle: How does this daily retracement look on the macro chart? As we open a new monthly cycle (right chart), this anticipated drop into the daily discount zone is exactly what will form the "monthly manipulation wick." By waiting for this initial downward move (manipulation) below the monthly opening price, we align our entries with the accumulation phase of the monthly candle before its true expansion (distribution) higher. 4. Ultimate Target: The Macro Draw on Liquidity Once the monthly manipulation wick is formed within our daily discount POI, the algorithmic order flow is expected to expand aggressively to the upside. The ultimate draw on liquidity for this macro swing is the unabated ATH (All-Time High) / CRH (Candle Range High) sitting at 10,937.7. Trade Plan & Outlook Macro Bias: Highly Bullish. Short-Term Action Plan: Wait for the current daily price action to retrace into the Discount Zone of the current swing leg. Execution: Buy the dip into the discount array (forming the monthly wick). Macro Target: 10,937.7 (ATH).