Monday, July 25, 2022

Open

Day

Trades

  1. Yellow circle: 1m opens running into 34 and a new low, but then pulls back up with a better bearish harami 7J shortly after. Either entry is good, with the first having less of a proper signal to enter off of.
  2. Purple circle: After 5m makes a sharp bullish non-sig hammer doji, we get a struggle for 2 hours as 5m gets over the 0 line. Coming off the 21, 5m doesn’t make a new low, and instead 1m makes a wave B and runs to a new high, with the 5m 34 touch as well.
  3. Orange circle: off the 34, we get a fake 34 rejection on 5m, with a great 1m bullish harami 7J followed by a tricky low-break on a bearish hammer 7J after. This runs to another high as 5m satisfies its wave.
  4. Blue circle: Without a proper candle at the high, it’s likely we miss this entry. 15m makes a great bearish harami hammer doji 7J at the 34, which is also a satisfactory entry. If not, we get the 1m bearish harami a little later on a shallow pullup.
  5. Yellow box: First 1m wave off 5m 7 on the way down.

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