@strauss - Careful of trying to trade the Automatic Rally. Its impossbile to tell where the rally will end. They can be very brief.
This is why Wyckoff warned against it.
The far less risky trade is to let the AR first define the top of the range. Then when price comes back to either(1) buy the bottom of the range (perhaps a spring) or (2) the jump across and back up to the creek ie the breakout of the range.
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Daytraders After Market Lounge 6th July, page-29
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