The Quasimodo Reversal (QMR) is a technical analysis pattern used in trading to identify potential reversal points in the market. It involves a specific price structure indicating a trend change. The 4-hour entry timeframe is used to pinpoint optimal entry points for trades based on this pattern.
The Quasimodo Reversal (QMR) pattern, observed in trading, consists of a sequence of price movements: starting with a high, followed by a low, then a higher high, and finally a lower low. This pattern signals a potential reversal in the market's direction, often indicating a shift from bullish to bearish or vice versa. Traders may use this pattern to anticipate...
