Price trades beyond a prior swing high or low but the candle closes back on the other side, failing to hold the new extreme.
How traders use it: Used as a reversal concept with invalidation beyond the wick of the failed candle.
Common mistake: Ignoring the timeframe: an SFP on a 1-minute chart says little against a daily trend.
Related: Liquidity sweep · Deviation · Pin bar
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.