Yellow circle: 1m bullish engulfing off an opening drop off 1m 34. Market still wants to go a bit lower, with 15m MACD being down, but it is very slow on its way down. Noting this, we can expect a stronger trend later.
Orange circle: 1m bearish harami hanging man 7J sets up the short off the 5m 34 shortly after the reversal from #1 takes us above the opening price.
Blue circle: Optional 1m 34, very slow market and not the best context with barely any EMA stack on 5m.
Purple circle: 1m slight dip below 0, which is the 2nd time 1m down waves on the way up. We get a new high and it again comes back to break entry price before finally taking off. Shallow wave also, so optional to take this one.
Yellow box: After the next real 1m wave, this 1m bullish harami on the 34 is a good setup to get into the final move. No other great setups for the day even though it still takes another hour to get there.
