Quasimodo forex pattern

Quasimodo forex pattern

20/03/ · The Quasimodo Forex Trading Strategy. Welcome to The 5%ers forex trading strategy video. This video demonstrates a trading strategy called the Quasimodo Pattern. Quasimodo is not one of the most popular patterns among forex traders but definitely one of the most reliable and powerful pattern to trade. it’s a reversal pattern that provides a great Risk Reward ratio blogger.comted Reading Time: 2 mins 08/07/ · The Quasimodo Pattern or Over and Under pattern is a relatively new entrant to the field of technical analysis in the financial markets. Although new, the Quasimodo pattern is a commonly occurring theme that is more frequent when price carves a top or a bottom or when price begins a major correction to the trend/5(51) 07/04/ · Quasimodo is the most important price action as well as a trend reversal blogger.com is the ultimate indication of a trend reversal in price. Many successful traders trade the Quasimodo forex pattern because this pattern is an indication of the end of the previous trend and the beginning of a new trend. A trade captured from the beginning of a trend will give a high risk-reward ratio

Quasimodo Pattern | Advanced Price Action Trading Concept

It is an advanced price action trading concept in the trading industry. The Quasimodo pattern is more than a confluence pattern or entry technique than a trading strategy. It helps you to make better decisions on time as well.

When they find the Quasimodo pattern with strong supply or demand zones, they execute the trade with greater confidence. It provides a great Risk Reward ratio potential as well. Quasimodo pattern does not appear all the time, but when this happens, traders should not ignore it.

It is one of the most reliable and powerful patterns to trade. It is quasimodo forex pattern reversal pattern that is created after a significant obvious trend. When a series of higher high, higher low, or lower high lower low is interrupted, Quasimodo Pattern is created. It is a double-ended cheater strategy. It is used as an intraday price turning point. So the Intraday traders can use it as an advanced price action trading pattern, quasimodo forex pattern.

Quasimodo is one of the most profitable chart patterns in the forex. It repeats itself all the time. The key is to identify, and most importantly, quasimodo forex pattern, react to them, when the trading opportunity arises, quasimodo forex pattern. Here, a significant drop has occurred in the market. The market makes an obvious high and low consecutively. Then after making a Lower low it shoot up and breach quasimodo forex pattern high to make a higher high.

The space between the QML and MPL considered as a strong demand Quasimodo zone. When price back to the zone our buy limit is triggered and look how beautifully price retraced from the QML level. It starts to go to our preferable direction. Take your profit up to the next trouble area. Breached high or low should be the minimum target area. The structure of Quasimodo consists of two engulfing, both up and downsides.

Quasimodo pattern appears at all time frames. It occurs always after a significant rally. Then the market is manipulated to create liquidity. Where the retail traders are captured, the profitable trading opportunity is created there.

Quasimodo is very reliable if used properly and can be seen on every timeframe from daily down to 1 min charts. Although new, it is one of the most reliable and powerful patterns to trade. The Risk-Reward ratio potential of this reversal pattern is also good. Understanding the establishing trend is an important factor for forex trading. Using the classical definition of higher highs and higher lows versus lower lows and lower highs is the right step to follow. If you do so, you can easily identify the Quasimodo pattern, even though you are a novice trader.

No Quasimodo pattern scanner or indicator is needed to look for it. Your nacked eye is enough to spot Quasimodo Pattern in the chart and to boost up your confidence to execute the trade efficiently. This confluence price action pattern can flourish your overall supply and demand trading strategy.

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If feasible, as you acquire expertise, would you mind updating your weblog with additional details? Its very helpful for me. If I do so, definitely inform you and include the download link with this blog. Thank you. Save my name, email, and website in this browser for the next time I comment. Skip to content Your ultimate trading guide What Is Quasimodo Pattern in Forex? How do I trade Quasimodo? Where Will Quasimodo Generally Appear? What Should Be Remember To Trade QM Efficiently?

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20/03/ · The Quasimodo Forex Trading Strategy. Welcome to The 5%ers forex trading strategy video. This video demonstrates a trading strategy called the Quasimodo Pattern. Quasimodo is not one of the most popular patterns among forex traders but definitely one of the most reliable and powerful pattern to trade. it’s a reversal pattern that provides a great Risk Reward ratio blogger.comted Reading Time: 2 mins 21/07/ · Quasimodo pattern does not appear all the time, but when this happens, traders should not ignore it. It is one of the most reliable and powerful patterns to trade. What Is Quasimodo Pattern in Forex? Quasimodo Pattern is also called as OVER & UNDER Pattern. It is a reversal pattern that is created after a significant obvious trend. When a Estimated Reading Time: 6 mins 08/07/ · The Quasimodo Pattern or Over and Under pattern is a relatively new entrant to the field of technical analysis in the financial markets. Although new, the Quasimodo pattern is a commonly occurring theme that is more frequent when price carves a top or a bottom or when price begins a major correction to the trend/5(51)