WickCheck / Trading school / Swing failure pattern
Swing failure patternSFPIntermediate
Price trades beyond a swing high or low but closes back inside it.
What it means
An SFP is a liquidity sweep confirmed by the close. It is the same family as turtle soup and the Judas swing.
How to spot it
- Wick beyond the swing, close back inside.
Common mistakes
- Entering before the candle closes.
Related terms
Liquidity sweepPrice trades beyond a high or low, triggers the stops there, and closes back ins…Turtle soupA reversal trade against a breakout of an old high or low, named after the Turtl…Judas swingA false move early in a session that runs the opposite way to the day's real dir…
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Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.