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Username: LuckyMan

Rating:
Guru Stars

Asked to: Jacob Rogers

Date Created: 08 May 2019
Category 28
Tag Financial
Question What is a Fakeout?
Advice from Guru
Hi LuckyMan,

Fakeout is a term used in technical analysis to refer to a situation in which a trader enters into a position in anticipation of a future transaction signal or price movement, but the signal or movement never develops and the asset moves in the opposite direction.

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