Falsebreakdown

Turtle Soup ICT Strategy [TradingFinder] FVG + CHoCH/CSD 🔵 Introduction The ICT Turtle Soup trading setup, designed in the ICT style, operates by hunting or sweeping liquidity zones to exploit false breakouts and failed breakouts in key liquidity Zones, such as recent highs, lows, or major support and resistance levels. This setup identifies moments when the price breaches these liquidity zones, triggering stop orders placed (Stop Hunt) by other traders, and then quickly reverses direction. These movements are often associated with liquidity sweep

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của TradingFinder

Turtle Soup Indicator Turtle Soup Indicator plots a shape when we have a 20-period high or 20-period low. Turtle Soup Setup The Turtle Soup setup was published in the book Street Smarts by Laurence A Connors and Linda Raschke. You can learn about it there. It is a great setup for false breakouts or breakdowns in the group failure tests. Going long 1) We have a new 20-period low 2) that must have occured at least four trading sessions earlier <- this is very important Then we place a buy stop above 5-10 ticks

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của kulturdesken