Shadik wrote:Hey,
Lets say that I found a nice momo bar on tf15. What next? I wating for next two bars and then if this bar show me the way I should enter? Or... meaby i should check higher TF ?? You guys ... ZL traders allways before enter watching on 1h or 4h tf?
Then check it out please:
Tell me ... what you guys will do here ? (i see that price allredy back to mz zone on 4h, and on 1h tf i see that price make another momo)
Thanks for any sugestion AND sorry for my english, hope that u dont have problems with reading this
everyone does this a little different, but for me i would have just passed on that setup( i was watching it as well) had the next bar after the momo bar come back into the MZ i would have looked to play it, but like you showed it did not----- so i passed.
had the next bar after the momo bar been a slight down bar but not came into a zl i may have taken the break above the momo bar---- but i didnt like that bar with the way it formed that wick so far up
i am always watching the higher time frames as a reference of where we are