Hey C:
.
... I think, we're looking the same point at different levels; I don't use counts for entry/exit rather calculated charts based on price action.
... my major task is to localize price turning points (reversals) at given scale {micro for intraday, and macro for swing trading};
once the point identified, I take position around it (very low-risk entry); ... most traders may observe this point later as levels, zones, ratios, counts, ...etc..;
I use levels to manage the position. All methods are valid as long as they're profitable; the difference is, I think, in the Risk /Reward ratio.
Trade Well!
J.