Trading knowledge › Price Action Basics › 3/7 · 1 min read
Pin bar and Fakey
Key idea: pin bar = a long rejected tail · Fakey = a break that closes back inside.
Spot it fast
- Pin bar: tail ≥ 2/3 of the candle, poking past nearby candles.
- Fakey: mother bar + inside bar, then a candle breaks out of the mother bar and CLOSES back inside.
Real case
Bullish Fakey at a prior low, triggered on 24 Nov above 1,753.5 — reached the next level 1,807.9 after 7 sessions.
How does a bullish Fakey differ from a real breakdown?
The candle breaks down but CLOSES back inside the mother bar.
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Educational content, not investment advice. Leveraged trading can lose more than your initial capital. Examples are built on real PricePlaybook historical candles and scored by rules written in advance — past results do not guarantee future results.