There is one possible reason for technical analysis to fail is knowledge is not good because if your knowledge is good in technical analysis then there are no chances of fails. Some few indicators of technical indicators are:
Leading Indicators: Leading indicators lead price movements and try to forecast the future. These indicators are most helpful during periods of sideways or non-trending price movements since they can help identify breakouts or breakdowns
Lagging Indicator: Lagging Indicators. Lagging indicator tracks price movements and acts as a verification tool. These indicators are most useful during trending periods where they can be used to confirm that a trend is still in placing or if it’s weakening. However, If you want to learn technical and fundamental analysis you can join any institute like NIFM, NSE India, ICFM, Share market Shiksha.
sharemarketshiksha 