Monday, August 15, 2022

Open

Day

Trades

  1. Yellow circle: Market opens up, and 1m rebounds off the 34 with a bearish spinning top 7J that isn’t significant enough to take. However, we get a wave B shortly after, and a second wave with a bullish harami 7J coinciding with the 5m 34. Here it takes a lot of patience because the 5m takes almost an hour just to recover from the 34.
  2. Orange circle: 1m bullish harami on 34, though not the first 34 touch. Might be worth skipping.
  3. Blue circle: 1m wave with a bullish engulfing 7J and 5m off the 34 (just barely). 5m did not have a wave so this is again optional.

Leave a Reply

Your email address will not be published.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