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Pullback's transitioning into trading ranges in stocks on daily/weekly chart's
I remember Al saying if the pullback is more than 20 bars then it'll transition into trading range ; Approximately how many bars do you think that this behavior is more likely on daily/weekly charts on stocks.
Price action is fractal meaning what you learn here should apply to any time frame on any instrument in any market.
I dont think it's ideal in most cases on hourly atleast that's why i was asking.