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A breakout failure in chart patterns refers to a situation where the price of an asset breaks out of a defined support or resistance level but then quickly reverses direction, failing to maintain the breakout momentum. This is often considered a false breakout. Key Characteristics of Breakout Failure: Initial Breakout: The price moves above resistance (bullish breakout) or below support (bearish breakout). High Volume (Often): Sometimes accompanied by high trading volume, which can make the breakout seem convincing. Quick Reversal: The price reverses back within the previous range, often closing back inside the old support/resistance level. Failed Momentum: No continuation of the trend, indicating a lack of strength behind the breakout move. Stock chart is attached to understand breakout failure