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Pattern Detail

Opening Drive Failure

Tracks early directional conviction that quickly loses sponsorship and reverses through the open.

Pattern Notes

Opening Drive Failure looks for an aggressive first move out of the open that cannot attract continuation volume. Once the initial drive stalls and price re-enters the opening range, the pattern focuses on the unwind rather than the original impulse.

When live detection is active, this page will surface real-time pattern state, filters, and historical overlays alongside these notes.

Context

Most useful on index futures and liquid intraday products

Needs an obvious opening expansion followed by failure to hold range extension

Improves when paired with market breadth and higher-timeframe bias

Historical Snapshot

Hit Rate

57%

Based on historical pattern tagging across the current sample set

Median Reversal Distance

0.84R

How far the unwind typically travels back through the opening structure

Best Window

09:42-10:15 ET

Most consistent reversal window after the initial failure

Live Detection

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