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I have read several technical articles as to what constitutes a pullback on a daily chart. They include various opinions:
A) 3-5 black candlesticks ( Close<Open)
3-5 Lower Highs
C) 3-5 Lower Lows
D) 3-5 Lower Closes
D) A combo of the above
I struggle with which criteria to enter into my advanced scans. Comments as to what is the true indicator of a daily pullback ?