DislikedThanks Jarroo
Your comments are clearly understood on this point.
Yes, I can see how too much switching to lower TF can confuse the situation. People were talking about the D1 Bullish PB that just formed on GBP/USD and some were looking at H4 and commenting on how the H4 PA was showing Bearish signals. I think Mike also commented on how TF switching can cause Analysis Paralysis.
Also, thanks for Really helping me out with the PPZ, I feel reasonably comfortable with drawing them now. Whereas previously, I was like, 'Hey, is this line really going...Ignored
Sure thing PB.
Now don't get me wrong, if a 4 hour BUOB presented itself shortly after this bullish PB I would look to enter at this PA. This does happen at times and compliments the higher time frame PA. But the 4 hour PA setup should stand on its own.
Indicators show the past. Price Action "Indicates" the future.