How do I clear the message TOO MANY FAILED ATTEMPTS? I am in the process of unpairing my iPhone with my watch

Hi cleverMe,

When unpairing your Apple Watch, it may prompt for your Apple ID password. Your Apple ID is usually the same that you use for iCloud and App Store and iTunes Store purchases. If you forgot your Apple ID password, you can reset it by following If you forgot your Apple ID password.

For more information on unpairing your Apple Watch see Unpair and erase your Apple Watch and this YouTube video from Apple Support How to unpair and reset your Apple Watch 

Take care.