Various patterns

Today I found this pattern on most of the stocks. The initial few bars were down, it never went above the 1st 5 min high and then broke the 1st 5 min low and then eventually went up. Did you check what the market was doing at the same time. UNH was the only one that went up but was way too spready to make any meaningful trade out of it. Adding to UNH was way too risky. When you see such patterns, it is not in our strategy and the best trade on that day is - no trade.

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