Yellow circle: 1m opens up right on the 34, still getting stacked for the first time. Market is clearly bearish for the day, so we have to settle for the bearish engulfing right off rip.
Orange circle: 1m wave comes with 5m 34 touch, bearish harami 7J. Standard.
Purple circle: After the 1m wave, we get a test of the 34 shortly after with a bullish gravestone non-sig 7J.
Blue circle: A good 5m fake 34 rejection, comes with a very slow build up until the 1m gets below 0. Note the new high also pulls back to the 34 right after. Theory looking very powerful here.
