head fake
English
editNoun
edithead fake (plural head fakes)
- (sports) A player's movement of the head as if to change direction, hoping to mislead pursuers.
- (by extension) Any analogously misleading situation, such as a brief rise before a fall on the stock market.
- 2007, George A. Fontanills, Getting Started in Commodities, John Wiley & Sons, →ISBN, page 203:
- The head fake is the pattern that causes support and resistance traders the most headaches. If a market reaches a support or resistance level and immediately reverses, it can be a straightforward move to climb on board in the direction of the reversal.