Yellow circle: Beautiful 1m bullish harami right before the open. Perfect way to start the opening run at the beginning.
Purple circle: 1m bullish harami/double bottom comes on the 34 late in the move, runs to new highs and stops. Standard. This is a bit tricky because of the prior 34 tests a few candles before, and a large candle dumps to break the lows of the previous double bottom. Might be costly rushing those entries.
Orange circle: As the market turns back down for the first 5m downwave, 1m pulls up with a non-7J bearish harami top that lets us enter the short. It makes a juke as well, breaking the high immediately, and then another juke shortly after which doesn’t break the high but still makes it uncomfortable.
Yellow circle: 5m reverses off the low, no sig-candles anywhere to tell us. We get a trick situation on 1m here, with a bullish engulf on 34 and this fails. However, the market itself has no strong direction at this point, gradually going up but not enough to finish during the day. We can take a later 1m bullish harami, but after the 5m drop it’s better to sit out the rest. Note the 1H MACD, A but actually pointing down so A-.
