Turtle Soup

The idea

A false-breakout framework studying a breach and reclaim of a prior extreme.

Try the scenario

Price dips under a prior low, then closes back above it.

Check your understanding

Which statement is supported by this definition?

• A false-breakout framework studying a breach and reclaim of a prior extreme.
• This concept guarantees the next five candles.
• Every new low must reverse immediately.

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