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SFP- Milana Trades (with Alert )
The Swing Failure Pattern (SFP) is a pattern based on false breakouts of local highs or lows. It is used to search for entry points against the direction of the current price movement.
How does SFP work?
The price breaks through the previous high or low (creating the appearance of continuing the trend).
It is not fixed to the level and quickly returns back, leaving a" trap " for traders.
A trend reversal or local correction is an ideal entry point for traders who use a false breakout strategy.
I adedd to this indicator alert and you can get notification when this model formed
How does SFP work?
The price breaks through the previous high or low (creating the appearance of continuing the trend).
It is not fixed to the level and quickly returns back, leaving a" trap " for traders.
A trend reversal or local correction is an ideal entry point for traders who use a false breakout strategy.
I adedd to this indicator alert and you can get notification when this model formed
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