Bearish QML Pattern
Bearish QML (QML-Quasimodo Chart Pattern)
Bearish QML is a reversal chart pattern that is used to predict the change in the up trend. When a LL (lower low) forms, we expect the trend will be reversed.
Entry
Selling a pullback in the supply zone, with the left shoulder as the entry point.
Stop loss
Place SL above HH.
Take profit.
2R up (Depending on your strategy stat)
Bearish QML is a reversal chart pattern that is used to predict the change in the up trend. When a LL (lower low) forms, we expect the trend will be reversed.
Entry
Selling a pullback in the supply zone, with the left shoulder as the entry point.
Stop loss
Place SL above HH.
Take profit.
2R up (Depending on your strategy stat)
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