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== ''Pullbacks'' == | == ''Pullbacks'' == | ||
=== ''First pullback'' === | |||
* The first pullback occurs only '''after three or more bars.''' | * The first pullback occurs only '''after three or more bars.''' | ||
* The first pullback '''lasts only one or two bars''', and it '''follows a bar that is not a strong bear reversal bar'''. | * The first pullback '''lasts only one or two bars''', and it '''follows a bar that is not a strong bear reversal bar'''. | ||
* The first pullback does not hit a breakeven stop (the entry price). | * The first pullback does not hit a breakeven stop (the entry price). | ||
=== ''Following pullbacks'' === | |||
* The high 1 and high 2 pullbacks have strong bull reversal bars for signal bars. | * The high 1 and high 2 pullbacks have strong bull reversal bars for signal bars. | ||
* The pullbacks are small and sideways. | * The pullbacks are small and sideways. |