Bayanda0306

Bayanda0306

QML is a Quasimodo stategy/pattern identified at swing points of big timeframes but it the pattern only appears on small time frames like H4 & H1.

Bayanda0306

Nasdaq on higher time frames has touched the trend lines, on our M15 we will sell at the touch of our Resistance formed by a doji candle.

Bayanda0306

This analysis is a bull-bear market where bears temporarily sell to counter buyers & buy limit orders, this is for liquidity traders. We will enter with the sellers now & but at the breaker block.

Bayanda0306

I laid everything on the charts refer to it and you'll find yourselves in a good swing entry, be patient and yoou'll find your rhythm, it all depends on price action.

Bayanda0306

Let's sell gold now. as per price action rules, they have been passed and successfully followed, I'm a 100% confident with this trade.

Bayanda0306

I had to look at my charts again and found a resistance near buy which was never test, this makes it a very strong resistive level as the bullish momentum has been lost, We will dive with a precaution of price action. Keep a very close eye on this currency we're about to take a deep dive into the market

Bayanda0306

I've used what I could so let's focus on the QML/H&S's pattern to clear out, only price action will give us the best entry, so to see the charts we'll use the M1 time frame when we've the Resistance, you can use any strategy when it reaches that resistance because I'm 100% positive that this setup is the one, I'll redo this analysis even in my dreams, so we have...

Bayanda0306

So in this idea, I want to share my idea of this pair where I noticed two trend line with blow offs, so I'm expecting a long drop from the testing of the trend lines, so as we will be waiting for a touch on these trend lines which I'll be only entering a trade if the candle rejects around a circumference of the APEX. So while we wait there'll be a short sell to...

Bayanda0306

Here I marked my OB with the 15min chart, I than minimized my time frame to 5min chart to find an OB within an OB until I ended up on the 3min chart, I'm quite confident with this trade. Lets make an entry with the idea of using price action, or we can use BUY LIMITS to catch it in case it shoots up.

Bayanda0306

We have liquidity now all that is left is to trigger buy limits at the FVG and collect all of that liquidity above.

Bayanda0306

We wait fro a draw down, the drown shouldn't be an aggressive drop or else our setup will be ruined, the draw down should be some sort of sideways consolidation, if the drawn down is a complete elliot wave it should boost the setups win rate to 89%.

Bayanda0306

Wait fir an exit in the OB and break bavk into the trendline and wait for a retest on both trendline and OB and I'm sure you'll catch a good entry with a big drop I'm expecting to land on 9715.35.

Bayanda0306

Using th QML method we target our suport for ab opportunity to go long, the risks are low with this lair as the setup is clear to read and needs any kind of execution when going long but you sgould remain with a max lotsize of 0.04

Bayanda0306

You can go long on support or have a buylimit, recommended is 0.01 - 0.02.

Bayanda0306

This analysis is based on the ELLIOT WAVE plus the expansion ont the elliot wave whuch show the decline of the dollar against the elliot wave, the US DOLLAR is most likely to face a severe loss this december as the other currencies have mass gains📍

Bayanda0306

I expect it to pull away from the support tomth flip price where it will trigger long term sells. The market is like a slingshot, it doesn't fire with out being pulled.

Bayanda0306

Have your pending orders in line, the longer it takes to reach the zone the stronger the zone gets and the higher the chances of the zone be respected and th higherthe cha ces of th trend to tag the support/resistance and move your direction. Follow me for more content to be dropped.

Bayanda0306

QML possibility,, expect a drop before the a continuation exceeding more heights