How to trade Turtle Soups (Liquidity Sweeps).
A Thread 🧵
What actually are 'Turtle Soups'?
Now that we know that a 'Turtle Soup' is actually a Liquidity Sweep, what actually is a Liquidity Sweep?
After we understand a Sweep we can now look at a Liquidity Run.
In the last episode we have looked at the FLOD and OD. Now we can use Liquidity Sweeps to look at the LLOD.
When we look at Liquidity Sweeps we can see them on the higher timeframe as well as through Candle Science. This is where Previous Candle Highs and Lows come in.
Now that we understand Sweeps on multiple timeframes we can now look at the 2 different types of Liquidity Sweeps. The first sweep is the Order Flow Sweep.
The second sweep is seeing an Order Flow Sweep through Candle Science. This is called a Candle Science Sweep.
Finally to fully understand Liquidity Sweeps we can now do a Case Study.
Full Episode👇
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