Username: LuckyMan Rating: Asked to: Jacob Rogers Date Created: 08 May 2019 |
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Category | 28 |
Tag | Financial |
Question | What is a Fakeout? |
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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