Noun
fakeout (plural fakeouts)
(informal) A trick or deception.
With a sign salvaged from a nearby hardware store and frontage as if they were still selling grout, the Last Word plays a mildly dated fakeout that keeps the vibe mellow inside. Source: Internet
Price action MUST sustain itself above support right there or its a fakeout breakout which would be bad for us. Source: Internet