Fading the false breakout — entering against the move after a level is swept and reclaimed.
Turtle Soup is a counter-trend entry pattern named after the famous Turtle Traders (who traded breakouts). The Turtle Soup trade fades them: when price breaks an obvious level (like a prior high) and immediately fails — closing back inside the range — you enter in the opposite direction, targeting the other side of the range. It's the original liquidity-sweep trade and the mechanical core of the Reveal step in the LA Traders framework.
False breakouts are more common than real ones at well-marked levels. Turtle Soup is the systematic way to profit from that fact.
Price breaks the 20-day high by 2 ticks, holds for one candle, then closes back below. Turtle Soup short. Stop above the sweep high. Target: the range midpoint.
Turtle Soup is the trade you take after the Reveal. The sweep happens, price reclaims the level, and you enter against the false breakout — the Retrace entry following a liquidity sweep.
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