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Swingfailurepattern

EDUCATIONAL POST (SFP - Swing failure pattern) 📊📈 SFP: swing failure pattern Swing failure Pattern is a common trading setup that is highly respected and repeated frequently. It is used to identify lack of buy/sell pressure when a trend is being broken. What’s in the name? 👉 When the markets are trending, they tend to make swings. These are associated with ABC patterns (see image above). 👉 In this scenario the market would continue the trend with the C leg and make new candles above/below the level created by the A leg (dotted line). 👉 The trend continues. 👉 But, as the name Swing Failure suggests this doesn’t always play out and the market fails to continue the swing . 👉 We break the A level, but cannot close the candle above/below it. --> This results in a move to the opposite way and reversing the recent trend (red arrows). The first important thing to spot are the “Key highs/ lows” . They are points from where a price following a trend reverses or starts ranging. Are explained earlier, these points create liquidity (volume), which we want to see swept in order to enter our trade setup. Confirmation of the pattern is after the candle closes! I prefer to wait for confirmation of the “sweep” candle to take the trade. Hope some of you found this usefull. Oli
by theGOATofCrypto
2
BTC - Short Swing Failure Pattern I would like to see a SFP of the Given targets either the first box or the second if it happens . We may drop from here but that is not the short i want to take . If the SFP happens i will be taking Profits within the 55K area where i expect support to hold . This is just a potential idea that may play out going into the weekend so its worth setting some alerts for the setup Always know your Invalidation and follow a trading Plan Support my Analysis with a Like and A Follow for more setups
BYBIT:BTCUSD.PShort
by SJTRADESFUTURES
BNB Not SAFU - Short Setup I will be looking for one of the short setups you see in the chart to potentially play out over the following day offering great returns with minimum risk . I am hoping to see a swing failure pattern of the previous swing high targeting crowded stops and then a move to the downside . You can decide if you want to pre set orders or wait for confirmation , I personally will have alerts set and will wait for them to go off. Whatever you decide lose the minimum and gain the maximum , set a sl and manage your Risk . Like and follow for more setups ...Thanks for stopping by
Short
by SJTRADESFUTURES
2
BTC Rising Wedge *Potential short, Swing Fail Highs BTC going up inside a Bearish Wedge pattern . I do not advocate blindly shorting here but just something to consider based on the right credentials. As displayed within the chart I would like to see a SFP of the highs and a Max Pain scenario play out . BTC does not neccesarily play ball just because an obvious pattern is visible, Many times I have seen this only for BTC to do the opposite so be wary of this . I favour a short as opposed to a long and will wait for confirmation before entering a position , If we go up and I dont recieve confirmation within ExoCharts then i will sit on my hands and enjoy the spot gains . Would Really appreciate a simple Like and or follow ... I post setups and my analysis Daily ....Thanks for stopping By
Short
by SJTRADESFUTURES
BTC- Accumulation modeThis week is nothing but reverse bart patterns and scam wicks! I guess this is the result of decreased liquidity caused by the slowly declining volume during the consolidation phase. Bitmex is trading below 2 billion volume as of now, yet open interest is on the slow ascending trend. This tells me the accumulation is taking place possibly by big fishes. In addition, volatility is slowly ticking up as well. Other signs to pay attention to- CME open interest and volume going up + Backwardation + USDT premium going up As we all now, low volume is a precursor to the high volatility move... As long as 8.4k is defended, I will continue my buy on the dip mode!
BITFINEX:BTCUSDLong
by Libratus
UJ missed entrySo as you can see the wick up top was a swing failure pattern or in other words a stop hunt to remove the stops and limits. I missed that one pretty mad about it how I did not see that. But I think I may see an opportunity I see a strong level that is being used a strong pivot and hope fully next week it'll go bullish and hit the resistance one more time and put a order. I am open to ideas, and critics. and also directional daily bias is bearish as most confluential
by RevinZabala