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Hi everyone,
I'm a little confused about the concept of multi bar reversal.
Is it an approach to identifying a good reversal bar in other time frames - just by looking at the chart in front of you? (instead of wasting time looking at several other time frame)
Thanks!
No, it's quite the opposite: a multi-bar reversal can (not necessarily) create a reversal bar on a higher time frame making the multi-bar reversal signal more likely to work. However, the important factor is not that, but that you realize that the MKT is trying to reverse.
