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Hello everyone. I'm having a bit of a hard time understanding bar counts and H1/L1, etc.
After watching the videos a few times, this is sort of what I'm getting, but don't know if I'm on the right track:
In a bear trend pullback, new PB highs are signal bars, and the sell trigger would be a break of the signal bar's low (L-#).
The inverse for a bull trend pullback. Looking for new PB lows as a signal, and the buy trigger is a break of signal bar's high (H-#).
Am I close? And is this similar/related to pivot highs/lows?
I think you should post this on the H1 signal bars thread, to maybe get a faster response?
Good luck
