Trading Pattern Dictionary / Second/Fail
Long
What is Second/Fail?
A Second/Fail pattern occurs when a price attempts to break through a support or resistance level for a second time but fails, indicating a potential reversal in trend.
Definition
A Second/Fail pattern occurs when a price attempts to break through a support or resistance level for a second time but fails, indicating a potential reversal in trend.
Total Trades
20
Popularity
0.03%
P&L (public trades)
-$760.03
Trades using Second/Fail
| Asset | Symbol | Broker | User | Position Size | Entry | Exit | Type | Status | Trade |
|---|---|---|---|---|---|---|---|---|---|
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Second/Fail is a trading pattern in the TradeJournal.co Trading Pattern Dictionary. Traders tag trades with this pattern to spot recurring behavior and improve performance. Used by 12,000+ traders.