Yellow circle: 5m comes off the 34 with a standard entry, bullish harami on both 1, 5. Perfect run through highs for over 100 points.
Orange circle: After 5m begins to fail, with a bearish engulf we probably don’t take, we get a great 1m failure off a 34+wave setup with bearish harami hanging man at the top. This high gets broken, just barely, but does not take long to fall after.
Purple circle: After the new low, 5m starts on its path back up. Previous trade was off the 5m 7, so we probably should take the H/L break immediately on such a late run without the 21/34 involved. However, 5m does come back to the 34, and makes a great bearish harami spinning top 7J along with a 1m bearish gravestone non-sig 7J. This can be held until EOD.
