DAX30 just after London open. The red line on 5 min shows where requirements are met (AO, 3 bar reversal sell, lower high. The red line on 1 minute shows where the 5 minute set up candle closes, the very next 1 min negative close confirms the lower high for entry just below 12275. Decent angle and separation on the moving averages.
There are two signals highlighted on GBPJPY 5 minute, 9.10 and 9.45 chart time. GBPUSD was agreeing.
The 1 minute red line at 9.14 shows the close of the 5 min candle, the lower high follows 6 minutes later, Entry just below 137.65, again note the angle and separation on the moving averages.
The next set up is from 9.49 on the 1 minute which I did not consider. There was no 3 bar reversal signal (that happens sometimes as the 5 min stochastic was below the 50 level) and the 1 minute moving averages did not have the angle and separation I look for.
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