PINE LIBRARY

lib_failed_breakdown

275
Failed breakdown/breakout detection with exhaustion support and resistance levels.

Identifies swing high/low exhaustion points as support/resistance. Detects when price breaks through a level but fails to hold — a failed breakdown (bullish exhaustion signal) or failed breakout (bearish exhaustion signal). These structural signals are key for counter-trend trade activation.

Adapted from Leledc Levels by InSilico:
Leledc levels (IS)


**Exports:** `detect()` — returns failed BD/BO flags, support/resistance levels, and price action failure signals.

Used by: TCD - Trade Consistent & Disciplined (indicator)

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.