have you gone via the odds enhancers for number two? If you did you'd be asking a question. You may see that this is not low on the higher time frame demand curve without even taking a look at the higher time frames. Also look at where supply is, do you have a simple minimum 2:1 reward risk (your RR will be different to other people that's for you to determine, maybe seiden was searching for 3:1)?
Do not forget, sometimes even the top levels might get busted out of stop hunting, and they are frequently the ideal intraday trades to get in. Flexibility...