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Qml

BTC --> short and long positionshello guys... as you can see the BTC formed a double top pattern and the target of this pattern is on the green area. also, the green area is a fantastic area for getting the long position because of the QML pattern. both position's targets have been shown on the chart but if you have a question I am pleased to help you. _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
by melikatrader94
31
EUR/USD review for next weeksHello traders, I would like to share my analysis of the EUR/USD price action for the upcoming weeks. If the daily candle closes above and does not generate a sweep today, I anticipate two possible scenarios: 1) The price may test the H4 imbalance level and then generate H4 HH sweep. Following this, the price could head towards the discount zone on the daily timeframe to test the daily imbalance and potentially create a new daily higher high. 2) Alternatively, the price may go directly to test the daily imbalance without testing the H4 imbalance first. If the daily point of interest is successfully tested, we may see a new higher high being established. It is not financial advice!
by financier_
4
A complete analysis of XAUUSD (gold)hello guys... are you okay? Today, I want to analyze gold and look at its past to see what has happened. I noticed that after a sharp movement, a three drives pattern formed, followed by an engulfment of the last drive to form a QM pattern. At the same time, a double bottom was also formed, which led to the target being reached. However, I believe that gold now needs to undergo a correction of at least 0.33 of the last move. I have considered two scenarios for this situation, and every area that gives confirmation in the 15-minute time frame is being monitored. I am currently waiting for further developments and confirmation before making any decisions. However, it's important to keep in mind that technical analysis is not always accurate and market movements can be unpredictable. It is essential to consider other factors such as market sentiment, news, and overall market trends before making any trading decisions. It is always a good idea to have a proper risk management strategy in place and to seek the advice of a professional financial advisor before making any investment decisions.
FOREXCOM:XAUUSDShort
by melikatrader94
12
BTC/USD Daily Timeframe - Maybe Quasimodo Level Hi Dears Today let's analyze the bitcoin chart by RTM Method and in the daily timeframe. If you look carefully to this chart, you can see the resistance level (SR Line) at around 21500 then the FTX news cause the market to fall sharply to around 15500. This level was broken on 17 Jan 2023 and the price bounced sharply. The FL is made and we can see that there is a pullback to this FL zone on 10 Feb 2023. This FL was Engulfed 3 days ago and the price returns to its uptrend. The important thing is that the FL is engulfed clearly by the price so we have to take our bearish scenario. Also the Quasimodo Pattern is creating and we have to wait for this pattern to be completed. we engulfed the bottom of the left shoulder and a head is seen. When the price reaches the Kink zone, we have to wait for trigger or signal bar. Then we make short at this level. Becarefull that we have to see the trigger and then go short. Sincerely Hosein Poursaei
INDEX:BTCUSDShort
by hosein-9879
BTC---> SCALP POSITIONHELLO GUYS... time is consuming therefore long story short, get a short position until the first pink area, or you can risk it and hold it until the second pink area! if the price reaches the second pink area and gives you some confirmation get a long position until the higher high level to this chart! I hope I write it clearly! always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
by melikatrader94
32
BNB surrounded by QML structure hello guys... you can see three QML structure or kind of patterns in the chart QML-A formed on the flip area. QML-B formed on the end of compression. QML-C formed on another QML. If the price retraces to QML-C it is the best area for getting a long position. set an alarm, please! always do your own research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comments.
Long
by melikatrader94
13
QML pattern Quasimodo | SMART MONEY CONCEPTHello 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 reverses to soften and remove internal liquidity, after which a reversal occurs. This is done in order to close a losing position at the expense of those who put their stop losses behind the maximum of the substructure. There are many names for this pattern, such as three tap setup, but I'm more accustomed to calling it quasimodo. If you like, it's a reworked version of the "head and shoulders" pattern, but in this case you're focusing on the price action instead of the picture. Criteria for QML formation 1. Use it in HTF POI 2. Watch HTF POI 3.Watch the price action. 4. Premium or Discount zone To use the pattern effectively, you must analyze the chart of all TFs. And use the pattern as an entry model. For example, the daily TF is bearish. The price is in the premium zone, as well as on the H1 TF began an uptrend, a full of bullish trend in the lower TF, after which we see that the substructure (red) has changed from a rising to a descending. And thus, we expect a continuation of the downtrend. Important Don't use this pattern in terms of "drawing". They can draw anything on the chart. I recommend to look for POI in POI of higher TFs. An additional factor could be substructure fluctuations before FWG or OB. You need to see how the price behaves after their update. Where to put a stop loss The first option is a stop-loss for a local FVG/OB The second - above swing high of substrucutre Third - above the HTF point of interest, if your RR allows it EXAMPLE After updating the all-time high, the daily structure was broken. Then price consolidated, it was worth waiting for the manipulation. It was possible to enter from HTF POI - aggressive entry, but it was possible to wait for confirmation on the LTF (as I do). I'm expect bullish OF on 4H chart to HTF POI (2D ob) This "entry into position" is shown as an example, so that you can form an understanding of how to act in this or that situation. In conclusion, the more factors you take into account in your analysis, the higher the probability of working out of the pattern. Also, it's up to you to choose what kind of stop loss you will use. There is no right and wrong, everything depends on your strategy and money management. The position was opened after the second liquidity raid in the premium market. I hope it was helpful to you. Thank you for your attention
Education
by Patronofbargain
opportunity to get a short position on BTChello guys... in my opinion, BTC is not ready for getting a short position yet, however, the red area is so much potential for this purpose, why?! because of these reasons: 1) QML 2) MPL 3) 50% of last leg correction but still, it is not enough, just look for a good setup in the red area. always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
21
ATOM MULTI TIME FRAME analysis...hello guys... who has this pair BINANCE:ATOMUSDT ? in the weekly time frame price formed two Quasimodo patterns at the top and the bottom... if we consider the price to respect the last trendline (just a scenario) then we should expect it move to down until the QML of the bottom chart. what if the price breaks the lase trendline then reaches QML at top of the chart then it will start a downward movement. I hope my explanations be clear but if not please ask! always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment MERRY CHARISMAS EVERYBODY
by melikatrader94
20
Dow Jones analysis... #us30hello guys... who trades Dow Jones? lucky you :) us30 hunted the last higher high very well and confirmed it was just a hunt, not a breaking out! (just check the weekly time frame) so you can get a short position on Dow Jones. the first target is $32400 and the second one is $30500 in the range between $30500-$29700, we should be waiting for a long position... I'll update this analysis later... always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
U
by melikatrader94
17
btc in ascending channel...hello guys... btc formed a ascending channel and midline of it acts like supportive level, las level break out very well but price didn't pump after that, it makes long position a little bit risky... i recommend you split your money and enter to long position on these two levels i shown it (second level is much more stronger than first one, because of QML and Bottom line of channel but it is possible price doesn't reach to it)... always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
by melikatrader94
22
btc analysis...hello guys... actually I wanted to publish an analysis of btc these two days but my internet was soooooo bad and i lost that opportunety, otherwise it is not a strong analysis because this quasimodo pattern which btc formed is so weak. I prefer do not get this position with my normal risk and split it two positions. one position on qml that i shown in chart, and one position for when price hunt las higher high and confirm hunting setup so be aware on this situation my dear always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
by melikatrader94
15