What is SFP in stocks?

One of the key benefits of using the SFP is that it can help traders avoid getting caught up in short-term market noise. By focusing on larger swing points, traders can stay focused on the overall trend and make more informed decisions.

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SFP, or Swing Failure Pattern, is a technical analysis tool used by traders to identify potential shifts in market momentum. This pattern is characterized by a candlestick that sweeps through a previous swing point, indicating a potential change in direction.

In the context of this video, the presenter Lincoln Neilsen explains how to identify an SFP on a four-hour chart. Specifically, he highlights a candlestick that has swept through the previous daily and four-hour swing lows, signaling a potential reversal in market sentiment.

The SFP is a powerful indicator that traders can use to inform their decision-making process. By identifying this pattern, traders can anticipate potential market movements and adjust their strategies accordingly.