failed harmonic patterns by AMPmonitor

AMPmonitor functionality thread on the TradingArsenal Forum explains the idea behind AMPmonitor emerging, completed, live, running and invalidated patterns.

What are the invalidated (also called failed) patterns? These are the patterns that hit the StopLoss price level before reaching any of TakeProfit levels (TP1 or TP2).

Following examples present invalidated/failed patterns:

HINT: With experience person may trade failed harmonic patterns by reverting the position on the StopLoss price level or looking for even better entry in the opposite direction than suggested by the harmonic pattern. However, do not even think about this idea, till you master the book-like harmonic trading.