This is a straightforward signal which indicates a strong intent for the FTSE 100 Cash to imminently reverse.  It is characterised by a 10 minute timeframe window within which 5 candlestick legs all appear either inside the box or breach its outer edge.  The box is 10 minutes wide by approx. 3 point high.  Pre-conditions are this has to be after a good movement in either the up or down direction and only trade this signal if it occurs in the first 30 minutes or so after market open.  Best entry point is on the close of the 5th candle.  After entering the trade success is confirmed with a subsequent engulfing candle.

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The reasoning as to why these candlestick legs indicate a reversal is because the price has tried and failed multiple times to breach a certain price point.  Therefore after 5 attempts it is highly likely that whatever 'buys' or 'sells' which have been taking price to this level are unlikely to still be present any longer and the price changes direction.  

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Below are some examples taken from a 2 week period in Feb 2021.  In all cases each trade could have resulted in at least 15 points profit.