Tuesday, September 20, 2022

Open

Day

Trades

  1. Yellow circle: 5m is hovering on 34, going nowhere pre-market. 1m makes a first wave and great bearish harami 7J, but 5m gradually pulls up on MACD, not allowing a new low. Very tricky situation.
  2. Orange circle: On the way up, 1m makes a quick wave downward, as 5m touches 21 and immediately explodes back to new high. Fast action but standard.
  3. Purple circle: At the top, we are in a 5m wave/15m 34 situation, and 1m makes a divergent/crashing MACD with higher high bearish entry around the top. Not quite an ideal situation based on candles, but we don’t get another after so this is as good as it gets.

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