Concept
Hikkake
Hikkake, also known as fakey, is a Chart & Candlestick Patterns concept. The Library holds 3 implementations, each one a working definition you can pull into Quant.
Top Hikkake indicators
3 total
What is a Hikkake?
A hikkake is an inside-bar false breakout, described by technician Daniel Chesler in the early 2000s; the name is Japanese for 'trap'. The sequence: an inside bar forms, price breaks one side of it, the break fails to follow through, and within a few bars price snaps back through the opposite side of the inside bar. That opposite-side break is the trigger, taken in the direction of the snap-back. Retail price-action traders know the same structure as a 'fakey'.
The mechanism is a trap. An inside bar is a contraction, so breakout orders collect on both of its edges; the first break recruits one crowd, and its failure converts those positions into fuel for the move the other way. It is the bar-scale version of a false breakout at a level.
How traders use it
- As an entry trigger: after the initial break stalls, a stop order beyond the opposite extreme of the inside bar catches the snap-back, with invalidation beyond the failed break's extreme.
- As a with-trend filter: many traders only take hikkakes that resolve in the direction of the prevailing trend or off a mapped level, treating countertrend triggers as lower quality.
- With an expiry: a common convention voids the setup if the opposite-side trigger has not fired within about three bars of the false break.
Related concepts · Single/multi-bar (western)
Concept family
Chart & Candlestick Patterns
84 concepts mapped · 46 in the Library
Hikkake FAQ
Is a hikkake the same as a fakey pattern?
They describe the same trap: an inside-bar breakout that fails and reverses. The hikkake, as originally defined, is pure bar geometry (a break of the inside bar, then a trigger through its opposite side). The fakey, as taught in retail price-action material, often adds a rejection candle such as a pin bar at the false break. In practice the two terms are used interchangeably.
How long is a hikkake setup valid?
The common convention is a short window: if price does not come back through the opposite side of the inside bar within roughly three bars of the false break, the setup is considered void. A trigger that fires late has usually lost the trap logic, because the trapped breakout traders have already had time to exit at better prices.
Build Hikkake your way.
Quant writes, tests, and refines it with you — then it runs on LuxAlgo charting or ports to TradingView.