Yellow circle: This day shows slight weakness on every time frame from 5 to 1H, but 4H and Daily are set to run up, so the market explodes and simply crawls higher the whole day once 15m/1H cross back up. We get a 1m 34 non-sig inverted hammer 7J on the 34 shortly after the open, and we can simply go long here for the whole day. Note the 15m is coming off the 34 as well pre-open.
Yellow circle #2: A better 1m bullish harami 7J comes shortly after along the 34, which is the 3rd test of the 34 that results in a higher high already at 7:45 AM.
Orange circle: A better entry comes with a 5m pullback to the 21, but the 1m candles are not ideal. 5m makes a bullish harami along the 21 with a 1m down wave that isn’t leaving the EMA. A bit tricky but with such a bullish day we can’t expect a lot better sometimes.
Purple circle: Another 34 test comes with 2 bearish hammers along the 34, the 2nd of which is a 7J and the lowest low for the rest of the day.
Blue circle: Another 1m wave produces a bearish hammer non-sig 7J and anotherway to enter along the 5m 21. Still not ideal candles but solid contextual entries.
