Failed Price Action: The Market’s “Psyche Out!”

You know that feeling? You spot a perfect price action pattern – a magnificent breakout, a textbook reversal, a Hikkake ready to roll! You lean in, heart pounding, ready to pounce… and then… poof! It fizzles. It reverses. It just stands there awkwardly.

That, my friends, is Failed Price Action. It’s the market’s ultimate “April Fools!” joke, played on a random Tuesday. It’s like watching a magician dramatically pull a rabbit out of a hat, only to realize it’s just his hand, and he’s now looking sheepish.

The setup was so good, the signal was so clear, but the market just decided, “Nah, I’m just kidding!” It’s a cruel twist of fate, a broken promise, a plot twist nobody asked for. But fear not! Learning to spot these “failures” is actually a superpower, because sometimes, the market’s joke is just a setup for the real move in the opposite direction. Just try not to throw your keyboard.