Unshown: 1m bearish harami right off the open, with 5m 34, takes the market down significantly.
Yellow circle: 5m makes an extremely good bullish harami hammer 7J after the run down, and 1m doesn’t have a great candle but has MACD divergence on the turn around. We can take a bullish hammer harami on 1m around 7:40, or skip this entire move if we don’t take on eof those two.
Orange circle: Non-sig 1m bullish gravestone 7J, with non-sig 5m candles. But we are coming off 5m wave/15m 34, so this is debatable. Note that it also fails to reach new low at EOD, and could even be a 15m fake 34 rejection at that point. Better to skip because of the size of the 1H candle perhaps.
Purple circle: 1m wave/5m21 comes to new low almost immediately.
Blue circle: Late day we get another 1m bearish harami 7J with 5m 34, but the EMAs are so close together this is skippable.
