Get started

Failurepattern

EURUSD Price Action Entry | Failure Setup After NewsI did an analysis on the EURUSD expectation just before the news. We saw the noise as expected, now we have been presented with a cleaner price action which presented us with a failure entry. Failure Setup Criteria: Break of the Previous High (LPH) Lack of Follow-Through after the break Bearish close below a Momentum Low (ML) bar ✅ Short trade triggered This type of price action failure trade offers high-probability entries for traders who have the patience and discipline to wait for confirmation rather than chasing impulsive moves. If you found this analysis helpful, hit the boost and follow for more forex market education and analysis
Short
by Charts247TradingAcademy
EURUSD: Downside Reversal - Failure Trade Setup📊 Setup Breakdown: Phase 1: Trend-Changing Pattern (TCP) Complete The EURUSD completed a trend-changing pattern, signalling potential shift in market structure. Phase 2: Strong Extended Bullish Rally Following the TCP, price delivered a powerful extended rally—pushing higher with strong momentum. Phase 3: Break & No Follow-Through (The Failure) Price broke to a new high but failed to follow through. This is the critical signal—buyers pushed but couldn't sustain the move. 🎯 The Trade Setup: Entry: 1.1753 Stop Loss (Invalidation): 1.1763 Risk: 10 pips Target: 1.1682 (TCP Low) Potential: 71 pips Risk: Reward: 7:1 📚 The Wyckoff Principle: Richard Wyckoff called this pattern "Shortening of the Thrust"—when price makes a new high with diminishing momentum and fails to follow through, it signals exhaustion and potential reversal. This is a classic failure trade pattern: Price breaks a key level Buyers fail to show conviction No follow-through = weakness Short opportunity confirms Key Trading Principle: When the market shows its hand through failure patterns, we react mechanically. Extended rallies followed by failed breakouts often lead to sharp reversals. This is textbook price behaviour. This is the WavesOfSuccess methodology. 👍 Hit the boost button if this analysis helps 👤 Follow for more failure trade setups
Short
by Charts247TradingAcademy
follow-up of a descending triangle formation on an index In NSE:BANKNIFTY there is failure of descending triangle pattern. When a descending triangle fails, it often leads to a sudden reversal or consolidation rather than a continuation of the prior downtrend. This reversal could result in a period of sideways movement or even a bullish breakout if buying pressure persists. A sustained rally above the upper trendline of the triangle could indicate a shift in momentum and potential bullish continuation. On the other hand, if the index fails to maintain upward momentum and returns to test the lower boundary of the triangle, it might indicate renewed selling pressure and a potential breakdown. Traders should always employ proper risk management techniques, such as setting stop-loss orders, to mitigate losses in case of pattern failures or unexpected market movements.
NSE:BANKNIFTYLong
by VanshikaUdeshi
Trade Ideas Educator: GBPJPY GartleyA bearish Gartley setup on the 1-hourly timeframe is very different from the rest of the pairs I've done this week on my analysis. Well you see, for all the analysis that you have seen most likely they are all trade plan and strategies, that's what most traders are looking for, where to enter and where to exit. You just need the 1st step, which is Analyse, Analyse if the market is bullish or bearish and if there is anything you have to take note of. Well GBPJPY is pretty bullish and shorting this pair, it might not be profitable, so why to share this trade idea, you may ask. If point D completed with just a touch on the long shadow, it will show a different story, a short-term weakness. I will watch this trade setup closely and decide if its a valid trade. You can wait for Wednesday Facebook live session or join our TIP community, link at my signature.
Short
by RaynLim