Ye, You're absolutely right.
When You're analysing history on one time frame price never stops in the middle of nowhere and reverses. I'm not talking about retraces but turning points. Extremes aren't in random places. So as You said, taking it as a fact it's a good idea to target important zones of same TF that Your analysis was made on or even higher in case You're in the higher time frame move. I have no idea if it makes any sense
I went flat not because of weekend but because of beeing close enough to weekly demand and because it was a long bodied candle.
PA, S/R, ZL, EXTREMES & MOMO
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paweldobkowski wrote:Ye, You're absolutely right.
When You're analysing history on one time frame price never stops in the middle of nowhere and reverses. I'm not talking about retraces but turning points. Extremes aren't in random places. So as You said, taking it as a fact it's a good idea to target important zones of same TF that Your analysis was made on or even higher in case You're in the higher time frame move. I have no idea if it makes any sense
I went flat not because of weekend but because of beeing close enough to weekly demand and because it was a long bodied candle.
you could also wait next week for some PA indicating liquidation on extreme
something like that
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