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Best Definition of a Pullback
When scanning for a pullback, I have read that different people define a pullback differently. I have seen the following:
1) 3 consecutive black bars or
2) 3 consecutive lows or
3) 3 consecutive highs or
4) 3 consecutive closes or
5) A combination of the above
What is the feeling out there as to the best indication o?f a true pullback that I can incorporate in my scans ?