Hello guys, an educational post about Quasimodo or QM pattern. Good luck. If its useful please like it as a support and follow me for next analysis :) . salam be doostan ye post amoozeshi dar morede olgo QM, edame video be farsi ham toozih dadam. moafagh bashid like va follow faramoosh nashe :)
Hello all. Today we will talk about the reversal pattern "Quasimodo" or QML. Schematically it looks like this: The price moves in the trend, in POI the structure breaks and after that, the price can not update the previous HH and the downward movement continues (consider a schematic example). In this example, after the breakdown of the structure, the price...
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...
Quasimodo Double Cheeters Pattern Formed in Reliance wait whenever price comes in range and see the reaction....
Quasimodo is the most advanced chart pattern that is used to predict the market trend reversals.
EG SHORT 01/July/19 My analysis is based 90% on Technicals (TA) and 10% fundamentals. it's adamant to understand that both parties are in the losing position in regards to the geopolitical turmoil happening inside the EU council and UK parliament, both are losing out. Fundamentally concluding that this pair can swing both ways impulsively, as history...