Money is flying into JPY. Potential Quasimodo formingWe see a general strengthening of JPY against all currencies as inflation projections and uncertainty increases in the US and Europe
Quasimodo
USDCHF DISTRIBUTIONHey there,
USDCHF has been going sideways for a while, we could be having a Wyckoff distribution phase with schematic 1. My poi would be the Quasimodo level marked with a white rectangle. A 4h confirmation would be needed to enter a position.
Eos, in a life or death situation?There is no bias for the token but there are conditions that could be the journey to the hell we have a broken Schiff level that has been pull backed to it (according to schiff fork stuff the line that is broken must be pulled back) but orders on a line could not last for ever and will weaken the line so that's one way to think of a bull market ahead
we also have a bullish head & shoulder pattern which adds more to the bullish aspect of the area
but there is something strange here, the price has pulled back to it's 0.618 fib level and could not get through it + we have an area which is just broken and can act as a strong resistance AND more importantly we have a YEARLY (Yes it has held the price for almost 345 days) is broken and a nice pull-back has occurred at this area
What do you guys think?
GBPJPY, looking for Short Positions at these levelsHello there
Do you trade GBPJPY intraday?
Here are two potential zones to enter Short positions.
GBPJPY in 30 minutes time frame has a Quasimodo sell setup.
Waiting for confirmation before make orders.
------------------------------------------
Attention:
React to price action based on specific trading plans, rather than predictions.
This is my personal idea and analysis, please just see it as an example for reference.
You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex.
Z Concepts is a free blog sharing how to use Wyckoff theory, supply and demand , Price Action and some other modern technical analysis methods.
Follow to update more effective gold trading cases!
If you find the article useful and interesting, please leave a comment !
A quick Gold analysis, unique gold trading idea Hello there
Gold had reached lower level of Quasimodo setup as my gold analysis from Nov, 23.
Click on below post to see it again
So this is quick review today,
I'd like to see price re-test lower zone again. And i will wait for confirmation to enter long postitions.
------------------------------------------
Attention:
React to price action based on specific trading plans, rather than predictions.
This is my personal idea and analysis, please just see it as an example for reference.
You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex.
Z Concepts is a free blog sharing how to use Wyckoff theory, supply and demand , Price Action and some other modern technical analysis methods.
Follow to update more effective gold trading cases!
If you find the article useful and interesting, please leave a comment !
Can we short USDJPY? Wyckoff analysis indepth, RR 12:1This post is analyzed according to the Wyckoff method and find the entry point according to the Quasimodo . structure
USDJPY is most likely distributing at the 4h frame.
There is a Quasimodo (QML abbreviated) structure after the price returns to the Trade Range.
Wait to sell at LPSY when there is confirmation structure on small time frame ( LTF ).
Reward - Risk Ratio, 12:1
The QML is the area from the left shoulder to the top of the Quasimodo setup.
------------------------------------------
ATTENTION:
We are not trying to predict price, but just react to price action with specific trading plans.
This is my personal idea and analysis, please just take it as an example.
You need judgment and a trading plan to manage your risks when trading Forex.
GOLD could reach ≈1780 @ Quasimodo level. 5/10/21GOLD could reach at around 1780 where there are 1) Quasimodo level. 2) Reaction Line (Dashed Red) Resistance to complete either running flat or expanding flat pattern (a)(b)(c)(Red)..Price should be "capped" below 1789.42 "Theoretically" as wave v (Cyan/Light blue) can't be longer than wave iii (Cyan/Light Blue)...
GBPUSD Buy OpportunityPrice reacted on the Demand Zone, and make reaction over and under or quasimodo. And with this zone in line with Trendline QM. I think this is big opportunity to buy.
EURUSD buy limit ideaTarget buy limit at the red area 1.6987 - 1.16982 . There is quasimodo pattern about to be happening
GBPAUD SHORT SETUPGBPAUD BEARISH REVERSAL
- GBPAUD is on a strong Resistance (MPL)
- Price has violated multiple previous structure
- Structure predilection is pushing down
- Market has developed some potential harmonic structures
- Confluence of MPL /res/ and Fibs 61.8
- Sentiment - still neutral
- Plan is to go Short on GBPAUD
- Take the trade when your rules are fulfilled
A BEARISH MOVE is probable in this market.
USD/JPY | Institutional Analysis | Quasimodo PatternUSD/JPY has a breakout of trendline with some Quasimodo patterns in it. This, indicates the change from downtrend to uptrend.
If we really believe that breakout we can find some sweet spots that allows us to jump into new trend at good price.
Feel free to write your opinion on comment section and stay tuned for updates and more opportunities.
EUR/USD | Institutional Analysis | Quasimodo PatternOn weekly timeframe, a potential liquidity could float below the double bottom. This is the most likely target. A continuation Quasimodo set up detected on Daily timeframe, so if we believe on our target we could grab the sell opportunity as described on charts. Additionally, we can find an internal liquidity, an extra reason for the market makers to push the price lower.
This opportunity seems to be safe as continuation with a strong target closely below.
Feel free to write your opinion on comment section.
Stay tuned with our ideas for updates and more opportunities!
GOLD retrace deeper toward Quasimodo & Weekly Trendline.8/8/21GOLD price decline much deeper than usual. And Price reach Quasimodo Level as previous ideas +PLUS at weekly uptrend line ( Cyan/Light Blue Colour). Gold price seem like forming a wxy complex flat pattern ( Green Circled ) instead of previous flat pattern ideas..Where sub wave of wave y (green circled ) still have 1 more leg down toward around 1755 and could form a double bottom..
GOLD. wave 2(yellow) probarly not reach yet. 21/7/21Trade what we've seen. NOT what we've expected! It seem Gold price haven't reached wave 2 (yellow) yet. Price could reach at around 1768 area where there was a Quasimodo level.
GOLD still ranging in triangle. 11 June 21GOLD. Short at around 1912 for wave e (green circled), Stop Lost at 1917, Target Profit at around 1880.. OR....Buy Limit at around 1880, Stop Lost at 1868.. Target at around 1960..
BTC next move toward 30K in next couple of hoursAfter meeting the exact targets mentioned yesterday, this could be the probable path toward 30K during next hours.
This is also certified by Harmonic Butterfly Pattern.
hold your funds tight guys, the market is still bearish and risky.
Very Short term BTC behaviour during next couple of hours!What out the Quasimodo zone & a probable divergence on Normal MacD, could lead us to 34k and 33K shortly.
Quasimodo ReversalThe reason for my entry is to find supply and demand area on H4 timeframe. Mark the area, proceed to lower timeframe. Find any possible setup, in this case there is a quasimodo reversal pattern. L H LL HH. Hence, mark the base on L. SL is based on lowest support under line chart. Tp would be on where you mark H or HH. But in this case the chart gave us more than what our original target would be.
XAU Sell plan after break suport with QMLHi guys lets check this, After Xau break the support at 1880, they will pullback to 1892-1894 and go down to 1840.
Correct Me if i wrong
Thx
SPX500. what if FED start Tapering QE on June? 30/5/21SP500 almost at Quasimodo level + 3 Drive Price level.. Short at around 4230, Stop lost at 4246 Tp at around 2000
