The first chart you showed me was a 5min chart, both of these are 1 hours, don't you think it's a fundamental difference ?
Oh man, im going to get so much fundamental traders hating me on this one but IN MY HUMBLE OPINION fundamental/ news based trading is almost everytime incorrect, the newspapers tell you 'why' a sudden move just happened, truth is markets work based on supply and demand, nothing else much.
Also, retail traders have a lag in the news, we can't get the real news when its happening. The bloomberg and reuters terminals (professional platforms) have a news feed for professional traders and the news they read doesnt get out to the general public but several weeks later. This is the sad true for us retail traders. take a look at this (he is talking about the thomson reuters retail terminal), it is a review of the platform in general but he is confirming what I just said:
'Overall, where the system really excels is with its news and research abilities. For serious traders that want up to second headlines of what is occurring in the market and breaking news, this platform offers a similar look to what the professionals are using. (Example: I saw the headlines for Disney buying the Star Wars franchise on the platform before seeing headlines on mainstream news sources. For equity traders, filtering for halted stocks and those poised to gap on the open is easily done )'
Complete article here: https://forexmagnates.com/review-of-thomson-reuters-new-eikon-platform-for-retail-traders/
Anyway, manipulation is going on everyday in everytimeframe, doesn't matter if is 5min charts, 1 hour chart, daily charts, etc. The principles are the same and here is why:
If you are a big money player (im talking billions) you can't trade the way we as retail traders do. You can't just put a one-big-buy order and wait for the develompent of the trade because you will put the price UP in your buying. For instance, when retail traders want to buy they put a 1 or 10 (or maybe a little more) lots order in the market, the order its executed almost in miliseconds and the price doesnt move on your order. But imagine that you want to put a billion-worth buy order, your order will be executed accordenly to the liquidity in the moment, chances are that a little part of your order will be executed at price $1 then the price will move up to find new sellers for your order, in price $2 another part of your order gets executed and price then goes up to price $3 to find again more sellers for you to buy. In this way you (as a big money player) are buying every second a little higher (putting the price up on your buying) this is bad for you because 1.- you are not buying as cheap as you would like to buy, and 2.- chances are other professional traders are seeing the big volume spike you are generating and will know exactly what you are doing.
Preservation of capital and home runs.