Yellow box: Market opens going downward, without an entry provided. Toward the bottom, 1m double bottoms with 7J, non-sig candles. This entry can be taken but is not ideal. 5m comes down for a down wave, and 15m makes its only touch of the 34, but because there isn’t a great candle, it can be skipped.
Yellow circle: A better setup comes later on the 1m 34 after 5m has shown that it is recovering. We also can see from the pink circled MACDs on 1/4H, that the market is going to be up today. This makes #1 an optional yet understandable trade if we stray from the system slightly by not waiting for a better candle here.
The rest of the day is just more entries if we end up exiting our long at some point. Orange circle shows a 1m down wave falling in line with the 5m 34, and this occurs again later with the pink circled area that again comes with the 5m 34.
