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Market Intelligence › Basic Terminologies
Level broken, new entry taken, and price immediately went back inside.
Published by The Retail Trader · JUL 31, 2026 · Price Action
Fakeout / False Breakout — Level broken, new entry taken, and price immediately went back inside. The most common trap of retail.
This term comes under Price Action, in the "MOVE terms" section. Ab the words that come up in every trading conversation — getting them wrong is the most costly:
Other terms in this group — understanding them together is more useful:
• Trend
• Sideways / Range
• Pullback
• Retracement
• Reversal
• Breakout
• Breakdown
• Retest
• Gap Up / Gap Down
• Gap Fill
• Consolidation
• Momentum
To read the entire group and all its examples in one place, see the journal "PRICE ACTION: THE LANGUAGE OF THE CANDLE" - this term is taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.