Yellow circle: The market opens with a 1m bearish signal just before the open, coinciding with 5m 21. But note that the 34 is right above it, and so the 1m pops up through the highs, failing immediately at the 5m 34. There is no second signal, we just have to trust it at this point.
Orange circle: There is a reversal, without a good setup at the bottom, but the 1H overnight MACD does tip us off that we should have a strong move this morning. 1m makes a push, then pulls back for a strong wave B, but comes without a sig-candle. Could be missed, but we have to be ready for the first wave either way, so this is still standard.
Purple circle: The 5m bearish harami 7J at the top is not circled, but it is a valid short off of the 1H 34. Then, we get a pullup on the 1m to the 34, and a swift new low without much time for confirmation. This can be skipped.
Blue circle: Note this 1m pullup above the 0 line and perfect short set up with bearish sig-candles and 7J. But this move fails, as the 5m has still lingered, bullstacked and not quite making it below that 0 line for its own wave. We should skip this trade.
Yellow box: On its way up on a 5m pullup, 1m makes a much better longer run during its wave, and then a bearish harami and engulf 7J, that sends it all the way back down for the rest of the morning.
Orange box: 1m pulls up to the 34, testing it 5 or 6 times before a bullish spinning top gets engulfed and the move takes off.
Purple box: Near the end of the move, 5m pulls up to its 34, during the 1m first wave, and we get another nearly 100 point drop to new lows.
