Thursday, July 28, 2022

Open

Day

Trades

  1. Yellow box: Note the 5m signals for the crash before open, so we just need to expect a new high on the opening burst. We get this with the 1m.
  2. Yellow circle: After 1m makes a new high, it makes a bearish gravestone non-sig 7J, and we can short this through overnight lows.
  3. Orange circle: After new lows, the market slows down, and we get a reversal signal with this bullish spinning top harami 7J.
  4. Purple circle: 1m makes a test off 34 with EMAs just getting stacked. Standard multi-EMA 34 test, which runs immediately.
  5. Blue circle: Note the 1m wave on the way up fails when 5m doesn’t quite reach the 21. However, we get another 1m wave with a better bullish harami for the real second run of the day.

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