Thursday, August 25, 2022

Open

Day

Trades

  1. Yellow circle: 1m opens up downward, comes off the 34 twice. One bearish gravestone doji non-sig non-7J, one bearish harami non-7J, both work for immediate low. But note the 5m was pulling up before open, so we get a strong bullish move right after.
  2. Orange circle: 1m first wave comes up with a non-sig bearish spinning top and bearish gravestone, but this is optional. Not a clean setup.
  3. Purple circle: 1m rebounds off the EMA stack with a bullish close, non-sig, and runs through EOD.
  4. Blue circle: 1m Wave with 5m 34, albeit below 34, still pretty good setup. Not a great 1m candle again, might be missed.

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