Lows were capped by the 25% extension of the overnight range Confluence of the overnight range midpoint, IB_high and o/s_high saw some overshoot (triggered stops perhaps on that move from .26-.56).
A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
Advance/Decline rejected at the zero-line
15m/5m with 3/10macd
First entry was taken based on the inverse H&S and 3d criteria on the 5-min chart, otherwise anticipating the 15-min to go to 3a criteria. Actually entered on pullback to the neckline, 1 bar after the up arrow.
Second long was anticipating the ABC 3b-3a continuation move. First short was just a hunch added to the short on second blue down arrow.
15-minute has a Head&Shoulders look to it.
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