Monday, October 17, 2022

Open

Day

Trades

  1. Yellow circle: 1m first 34 touch after the open. However, there was no 1m wave, so this is a bit tricky. We can get a successful new high off the 5m 7 here but should not hold it at all after the break.
  2. Orange circle: 1m pulls back for its first wave, along the 5m 34. This time, 1m jukes once and breaks the low of the sig-candle entry just barely, still staying on 5m 34, and then goes up.
  3. 1m wave/5m 21, this does work but technically again breaks the low momentarily before going back up. The market is sideways the whole way until EOD but the 21 takes it to a new high.

Leave a Reply

Your email address will not be published.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