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Tax Loss Harvest Trade

It’s the last trading day of the year!

We had tax loss harvest trading on Friday morning as investors disposed of positions with large losses in an effort to reduce their tax bill.

My pick for a reversal trade was on META as the lower time frames are showing positive structure and momentum. We’ll break down that trade setup in the video below.

 

 

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Stay safe, traders, and have a happy New Year! Let’s have a great 2023 trading year together.

Stay Focused!