Friday, June 24, 2022

Open

Day

Trades

  1. Yellow circle: 1m 34 test right after the open, and then simply runs the whole day.
  2. Orange circle: On the first down wave, 1m reverses on the 5m 21 just barely missing the 34. There isn’t a great candle to use as entry here.
  3. Purple circle: 1m has a dip below 0 again later, this time coming off the 5m 34, very slowly. There are several candles here, with a bullish harami non-7J coming toward the end once MACD has already risen toward 0.
  4. Blue circle: Another 1m wave/5m 21 comes after this, creating a 21-after-34 entry, for a massive burst toward the close of the day. This 1m down wave comes with a bullish harami non-7J but the following candle breaks the low. This is a bit tough to read with such a weak signal, but there is no other real way to get into the last move.

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