Tuesday, November 1, 2022

Open

Day

Trades

1. Yellow circle: 1m non-sig non-7J candle on the 34. Optional but the only good entry we get on the opening crash.
2. Orange circle: 1m first wave, again an unideal candle for the entry, but we should trust it in this case since we did get the wave.
3. Blue circle: 1m fake 34 rejection sets up with a bullish engulfing along the EMAs as it then punches through for another wave.
4. Purple circle: 1m coming off the 34 after the second wave, and then a bearish gravestone harami for another new low and stop.
5. Yellow box: 1m bearish harami 7J, finally a good candle, coinciding with the first 5m 34 touch for another low toward EOD.