When patterns fail
Chart Patterns
The trade behind the trade
Failed patterns are signals too: a failed head and shoulders squeezing shorts can rip harder than the original setup. Always know your invalidation; the pros trade failures deliberately.
Check yourself
A textbook H&S breaks the neckline, then reclaims it fast. That's…
- Noise
- A failed pattern, often a violent squeeze the other way correct
- Impossible
Everyone who shorted the break is trapped. Their covering is rocket fuel. Failure = information.
Learn this properly
This term has a full interactive lesson in Wick — the chart, the pattern to tap, and a live practice terminal to try it on. Free to start.
Open the lesson