Yellow circle #1: 1m first wave with 5m 34, textbook.
Orange circle: After the new high, 1m comes back again below the 0 line and hits the 5m 34, for another run to another new high.
Purple circle: If we miss the orange circle entry, we get a first 1m pullback on the 34 after the EMA stack, bullish harami 7J that takes us to the new high as well.
Blue circle: 1m pullup ends with a bearish engulfing and then the downward move begins. Note that the 15m has a bearish harami 7J at the top, setting the top for the day.
Yellow box: If we miss the pullup, we get an immediate 1m 34 touch, although it’s a non-sig candle for the entry. This drops sharply.
Orange box: Shortly after, 1m pulls up nearly to an up wave, but falls short, and has a bearish engulf that drops it to new lows, where it has positive divergence and immediately stops to pull back above 0.
Purple box: 5m sets up for a pullup here, although the 1m tops are non-sig candle signals. We can short on the 5m bearish engulfing, though it is a bit late, but very safe and still a good profit.
