This move is strictly to trick the individual Into thinking that price is going one way but really it's not. It's simply a fakeout to the upside. I call this move the 1 and 2 simply because it forms 1 or 2 bars consisting of 7-10 pips. The textbook name would be an Impulse move. On currency pairs, they can be smaller, and on XAUUSD the impulse can be bigger and vise versa if this was a bearish scenario for the Impulse.