Thursday, July 21, 2022

Open

Day

Trades

  1. Yellow circle: 1m wave on the open into a new high, with a perfect 1m bullish harami 7J.
  2. Purple square: On the way down, we get a 34 test and new low, with an insig-7J candle.
  3. Orange circle: 1m bullish harami 7J sets up the reversal for the rest of the day. Note we are coming off the 1H 34 as well today.
  4. Purple circle: After the 5m recovers and gets over 0, 1m pulls back to the 34 for a 34 test on both 1/5, with 5m just getting stacked. This is an ideal entry point, and we can hold until EOD again.
  5. Blue circle: 1m makes another 34 test, with a bullish inverted hammer/morningstar setup this time.
  6. Yellow square: 1m bullish engulfing after inverted bearish hammer, along the 5m 34 on the second 5m 34 test of this run. Not an ideal setup but still very good.
  7. Orange square: Optional second 1m wave near EOD, shallow wave, but good bullish signal for entry. Gets an immediate high of about 40 points.

Leave a Reply

Your email address will not be published.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