Taking out daily low then high next candle happens only 1 in 5 times; not reliable strategy.

And if we took out yesterday's low- in the session, it's even less than 20% chance that that candle closes green. So on its own, just looking for a daily high or low to get taken out isn't a strategy, and the data tells us exactly that. Also, the likelihood of us taking out a daily low and then immediately going and taking out that daily high within the next candle, so this is yesterday's candle. Today's candle takes out the low than the high. This happens only about one out of every five times. Then, so these are not super highly probable numbers, right? Whereas we went back here and we talked about, you know, the likelihood of taking out the days higher days low, this is nine out of 10 times.