Yellow circle: 1m off the 34, bearish candle right before the open.
Orange circle: This is optional, a strong 1m bullish reversal candle but it stop sshort of the 5:30 news. Very easy to get sucked into thinking this is the move and instead the day peters out.
Blue circle: 1m makes some bearish candles on the stall before the reversal, coming off the 5m 34. However, this is also very difficult due to the 5m candles, and 1m top is not the best. 5m also does not even break the low.
Purple circle: 1m makes a good bearish engulf along the 34 while 5m is going back down below 0. Again we can get trapped here looking for a longer term drop through the lows, when we should take the new low and exit.
Yellow box: 1m pullup and lots of congestion, leads to the next trade if we miss this.
Orange box: Standard 1m 34 test with 7J and strong reversal, not ideal candles, but gets a good 30 points.
Blue box: 1m makes a sharp non-ideal non-sig non-7J reversal off 34 after FOMC, very optional.
Purple box: 1m sets up a short with bearish harami 7J after the 34, telling us the run ended, but we don’t get a massive move. Still worth it but not a full target move. This whole day is tough because of FOMC stalling.
