Tuesday, February 15, 2022

Open

Day

Trades

  1. Yellow circle: Imperfect 1m bearish harami 7J, no significant candle but decent candle anyway. Along 5m 34, can consider taking this for immediate new low and exit. Should exit because it’s along some support levels with 15m 34 and not a clear 1H bearish trend.
  2. Purple box: 5m comes off 21/34 for some long entries, but 1m candles are not the best. 1m Bullish hammer shown in the purple box, which produces a new high but is not a great trade.
  3. Purple circle: Bearish signals come on 1m, which sets off a second 5m wave to break the lows from earlier. Predict this through the fact that 5m has been crawling all morning.
  4. Yellow box: 1m comes off of 34 sharply to a new high on the long that developed on 15m 34.

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