Thursday, December 8, 2022

Open

Day

Trades

  1. Yellow circle: Bullish hammer on 1m with bullish engulfing 7J on 5m shortly after the open sets up the whole day. This is coming off the 15m 34, with a steady rising 1H MACD. Standard run.
  2. Orange circle: 1m bearish gravestone doji harami 7J, with a 5m bearish harami 7J at the same time, on a divergence play with MACD. This is not our standard setup anymore, but the setup is powerful and gets us a relative new low. Worth over 80 points, so worth considering.

Leave a Reply

Your email address will not be published. Required fields are marked *