Note the 1H/4H are strong bullish overnight. We get a steady run all day.
Yellow circle: 5m comes off the 34 just after the open, with a bullish 1m harami 7J. This gets us a new high, and then 5m fails again. Note also the 5m bearish candle before the open. This suggests we should be going lower, and we do, but we don’t even get a down wave the entire day today. This is very unusual and potentially can make us miss the next long.
Orange circle: 5m comes off the 34 again with a double bottom, simultaneously with the 1m. This didn’t break the previous low, but MACD got lower, and still stayed above 0. If we take this trade, we win for the day.
Purple circle: 1m first down wave, though along 5m 7, on the long.
Blue circle: 1m down wave, this time with a 5m 34, just barely testing it. Neither of these are first instances, so this is potentially missed, especially because the 1m candle quality is poor.
