Yellow circle: Just off open, 1m comes off 34 for first touch and new high.
Orange circle: 1m first touch on 34 on the way down, but this is optional. Subpar candle quality.
Purple circle: Note 5m makes a double recovery from MACD to get to full up wave, making the 21 test fail. However, we don’t get a great 1m candle on the entry for this 5m down wave, so we can instead take the 1m test on the 34 stack shortly after.
Blue circle: 1m bearish harami 7J comes along the 5m 21/34, just narrowly escaping the 34. We can also wait for the proper 34 test shortly after, but it’s a lower high, and still not a great candle. Both are alright and barely make a new low.
