If you are still not using 'turtle soup' — you are either a genius or missing out on a freebie 😅
Because this strategy was invented back in the 90s — but still provides accurate entries, especially on squeezes and stop hunts!
Here’s how to prepare this 'soup':
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1. You wait for a fake breakout of the level 🧠
➡️ For example, there is a clear low on the 4H. The candle breaks it…
…but closes above the level! This is a sign!
2. Entry — as soon as the 'soup' has cooled down 🥄
➡️ Enter when the price has returned to the zone.
Because it liquidated the stops, and now a big player is accumulating!
3. You set a stop behind the shadow — and don't worry 🛡️
➡️ This is the whole magic: minimal risk, maximum potential!
4. You can catch both 'turtle soup' up and down 🧑🍳
➡️ It works on BTC, altcoins, even on S&P500.
Fakes are eternal. And that means, the 'soup' is always on the stove!
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Example? $NEAR gave +9% in an hour after such an entry!
I managed to get in… because I knew where to catch the turtle by the shell 🐢
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Tags (as always by the rules):
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Write in the comments:
Have you ever caught fake breakouts?
Or did you lose your deposit on them? Share — it won't hurt as much together 😅
