EURCAD Sell OpportunityHi traders, in this setup I am looking for a selling opportunities in this zone
Quasimodo
GBP/USD: Quasimodo pattern, what's next? Hey guys,
I thought I'd share a small trade I took this morning.
As you can see on my chart, a high was formed on M15 followed by a low, then a lower high and a lower low.
The idea is to wait until the lower high is broken and watch for a pullback to our level of interest (=retest in the demand zone) which is the area between the left shoulder and the lower low (as highlighted in orange in my chart).
Quasimodo patterns can be very powerful in the sense that they provide very good risk reward ratios with limited risks. In this case, the R/R is above 4.5.
I entered long as soon as I saw several bullish pinbars suggesting buyers were in control.
My stop loss is a couple of pips below the lower low.
My target is at the next supply level around 1.28.
Trade at your own risk
Quasimodo- outside range patternThe quasimodo or outside range is a reversal pattern. Lets see how it looks and how to trade it.
GBPJPY - Potential ShortGBPJPY Potential short in the future.
1:10 RR swing trade. Pending orders have been set and alerts as price approaches. Set and forget order
XAUUSD COMEBACK (QML - Quasimodo Level SPOTTED)After the previous analysis had a bit of drawdown, I decided to update the chart to have a close to nothing drawdown if the market goes in favor, else we take the opposite trade. Trade safe, the market is volatile
Gold, Sell Limit at 2068/2069, M30Here is Quasimodo entry Technique to short gold
With the risk reward ratio 1:3,5 it will be a very good trade
See my other technique for EURUSD below!
EURCAD Short There is a good Quasimodo pattern in EURCAD and also i can see a Reversal pattern forming so yea lets see how this pans out.
Supply & Demand + QML Pattern Analysis for EUR/USD.Hey there :D
I'm using a Supply n Demand and QML Pattern. On the Daily timeframe i saw a descending channel, so i take decision to try short this pair. And i saw a possible QM Pattern on the 1H timeframe, pattern is not really formed on the resistance area tho, but i saw a Drop base Drop (which is a Supply Zone) on the 4th line of the QM Pattern. So, i'm trying to use the zone for my entry opportunity to short this pair. Hopefully i will formed a QML Pattern. RR is 1:1.9, yea i know that's not really a lot, but it's the only TP area i saw. It's on the Demand Zone below.
Have a good day <3
Long Position AUDUSD QMLThis is my humble analysis on multiple timeframe chart for AUDUSD pair. Please don’t take this as a signal. Low risk as the stop loss is only 15pips. A potential short signal if the price manage to close under current significant resistant with TP at buy entry or 5-6pips beneath it.
AUS200 Long Baby!Area of confluence on 4hr D and W tf. Look for the setup at 9-12 utc+10 tmrw.15m chart
BIG TRADER WAIT FOR THIS OPPORTUNITYIn this analysis, we can see the price already crossed the previous Higher Low which means it can be a signal for reversal. So, my entry would be in the Supply Zone "Drop Base Drop" since that zone can be consider as "fresh zone" and MPL for Quasimodo setup. In addition, that zone exactly near the Weekly Resistance Trendline. Be patient and wait for the price action to move with compression to that zone.
POSSIBLE SWING SHORT IDEALow risk with high reward due to Quasimodo setup in historical price. On top of that, the entry price exactly on Monthly Timeframe resistance. Trend has been switched to bearish momentum as we can see Descending Triangle pattern on the Daily Timeframe and currently the price pullback to the breakout point and Drop Base Drop zone. So let''s wait the price action and expect price move in compression to the entry zone.
AUDCAD - QML on Daily timeframeAUDCAD dalam timeframe Daily, pergerakan harganya kali ini mendekati QML.
Titik forming QM dilakukan dengan bantuan indicator ZIGZAG sebagai penentuan dalam memilih H1 - L1 - HH1 - LL1
SHORT level dan STOPLOSS level sesuai pada grafik.
RRR 1:3
mohon komentar jika ada ide lain nya.
EURUSD Bearish QuasimodoHello friends,
Had a little time on my hands so just practising on Quasimodo patterns. EURUSD looks like its setting up for a nice bearish Quasimodo pattern. Textbook SL is above the HH.
Cheers!
