Monday, June 13, 2022

Open

Day

Trades

  1. Yellow circle: 5m forecasts the decreasing MACD, and we get a 1m HnS shortly after open. The best entry is the 2nd shoulder, as the first is an engulf and the 2nd is non-sig.
  2. Orange circle: We get a 1m 34 test along the 5m 7, with a great bearish harami 7J, and we can ride this down to the lows if we did not get in earlier.
  3. Blue circle: 5m makes a full up wave, with a bearish engulfing 7J, and we get a great bearish 1m 7J harami as well at this time. This is the best trade of the day, coinciding with a burst against the 15m 34 (though not the first 34 test on 15m).
  4. Purple circle: Shortly after, 5m makes another juke above 0, though nowhere near as high as the initial entry. This also comes with a bearish engulfing on 5m, but not as clean and not with a great 1m signal. This is optional.
  5. Yellow box: 5m comes off 34 with a bearish engulfing, though not with an ideal 1m candle. This is optional, because we might take the last trade, or skip both.

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