Yellow circle: 1m bullish engulfing right at the open, with a 5m fake 34 rejection setting up pre-open. This is extremely easy but important to recognize as the only reasonable entry on 1m.
Orange circle: We get a news release at 7:00, though no significant candle helps us enter the trade here. 1m rebounds off the 34 and runs up some more, but as we are expecting the reversal, we can get in on a bearish hammer engulfing on the 1m 34 shortly after the top. This is the best and only real entry until a first wave shortly after.
Not circled is a 1m bearish harami along the 34 on the first pullup. This comes along the 5m 7, so we should take an exit on the new low, but we also get a break of the open-lows, though not the overnight low. A bit strange here, but exiting on the new low is perfectly fine as it typically is.
FOMC comes after, but no significant or clean trades appear.
