Trader Mike Failed 2s Strategy

May 13, 2026

By

Trader Mike

The Failed 2s Strategy is a multi-timeframe model built around liquidity sweeps, failed displacement, and lower-timeframe confirmation. It starts with a 1-hour #3 candle, which sweeps both sides of the prior candle and closes beyond the opposite body. This creates the higher-timeframe target.

Once the target is set, the trader waits for a 15-minute Failed 2 candle in the direction of that target. Entry comes from a 1-minute market structure break with a strong close and fair value gap. The setup is designed for clean, high-quality intraday trades, usually targeting the #3 continuation with a 1:1 risk-to-reward profile.

Intermediate
Intraday
New York
Indexes

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