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another pattern
I follow top traders at Slope of Hope and Market Anthropology, and I have noticed a clear pattern recently: they place counter-trend days off key support with the intention to capture the over night move.
If I were long TNA from the close yesterday, it would be very tempting to take a 10% profit right here and walk.
Of course, I have no feelings. But I do suspect repeats of Friday are captured, if only indirectly, in the robot code.
Cheers!
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