False break – 2B strategy

The 2B strategy (a.k.a. false break or turtle soup) is very suitable for trading in a range or trend.

Rules for entry:

Long position:

- Wait for a break below support level

- Buy after the price returns back above the broken support

- The initial stop should be placed below the low reached during the break.

2B buy set up

Short position:

- Wait for a break above resistance level

- Sell after the price returns back below the broken resistance

- The initial stop should be placed above the high reached during the break.

2B sell set up