Seller pressure has been grow stronger for the last 2 hours, since high impact news is in CAD favor. I am seeing a Quasimodo pattern in 1H chart, which is very profitable to be traded. Good luck and dyor!
MHC has the potential for a breakout to the following targets. the asset has been showing great momentum on the load zone. the FOMC volatility has been priced in however we must be careful. For BTC Roadmap and its effects on alt's view BTC chart below.
Support and resistance are used to identify key levels where the trend in price has a greater probability of halting and possibly changing direction. It can be a specific price, or price area. Interpretation of the degree of significance of a level depends on a trader's QML means quasimodo level or quasimodo line. Basically, it is a level drawn at the tip of the...
In this trading plan, I have applied the QM Pattern because, as observed from the period through Aliceusdtp, the chart was moving in a bullish trend and during the passage there was a lot of selling pressure, causing LL. Thus, it enters the Quasimodo Pattern on the Sell side. By placing the entry point at Entry 1: 68.1 Fibonacci and the position of Profit 1: is...
My previous analysis was inverse head and shoulder.. that is now invalidated. Now what looks to be forming is a bullish quasimodo pattern. Buy entry when price moves towards the green line to create the "right shoulder"
Hello Traders :)) here we are just waiting when the price has penetrated the last resistance area and the price touches the MPL area or supply area , as a confirmation I use price action as a reference for entry in the market.. thanks :)) thank you for visiting and if you like it please press the like button here I really appreciate it.. :))
Hello Tradersss :)) here we are just waiting for the price to touch the supply area at 0.92818 and I personally use price action as confirmation and don't forget to take care of your money management..:)) thank you for visiting and if you like it please press the like button here I really appreciate it.. :))
KAT has the potential for a breakout to the following targets. the asset has been showing great momentum on the load zone. the FOMC volatility has been priced in however we must be careful. For BTC Roadmap and its effects on alt's view BTC chart below.
ERSDL has the potential for a breakout to the following targets. the asset has been showing great momentum on the load zone. the FOMC volatility has been priced in however we must be careful. For BTC Roadmap and its effects on alt's view BTC chart below.
1h time-frame: a Quasimodo pattern shaped right on the resistance line. go for short using stop order not instant! SL: breaking the resistance line. TP: 0.6591
The asset has now gained great bullish momentum on the load zone. this is an amazing risk to reward ratio setup for the following targets. the recent volume also indicates a massive move is pending. For BTC Roadmap and its effects on alt's view BTC chart below.
VEED has the potential for a breakout to the following targets. the asset has been showing great momentum on the load zone. the FOMC volatility has been priced in however we must be careful. For BTC Roadmap and its effects on alt's view BTC chart below.
The market break the HL and form a LL which means the market trend is about to drop down
Did you analysis Gold ? Here's a Gold trading idea today. I'm often analysis Gold based Wyckoff in forex trading, price action and Quasimodo belong to ReadTheMarket's approach. Let's wait to see price action at Quasimodo Level from Europa Session. I don't trade in Asia session. If you find the article useful and interesting, please leave a comment...
Near the support and resistance and make head and shoulder pattern. Maybe it's make a retracement for buy signal
USDJPY, give Quasimodo setup. It forms H at 114.885 and L at 113.687 followed by HH at 115.520. from the HH the price fall to 113.003 where the compression begins towards downward. Expectations: the price will continue making LL but it will come to retest the previous high at 114.885. This point is also aligned with 0.78 fib level which I consider as optimal level...
Hello 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...