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Qmlpattern

Bitcoin available scenarios 💹 © Alt-Season®🎉For me , there are two scenarios ahead of Bitcoin 1️⃣ The price will reach a new ATH and start falling from a level that only the market maker knows (Diamond) , which after the new ATH, we should look for signs of falling in lower time frames. 2️⃣ The price should be rejected from this QM level (the level in which it is located), which is necessary for Bitcoin to be sidelined for at least a month or two to clear the market maker's purchases. 📌 Fail Analysis: price goes to higher levels ( more than three-month candle ATR) without any consolidation 🥂 Still enjoy the alt season at this level
Short
by forexvid
XAUUSD BUY & SELLHi Guys, In today analysis we have multiple levels of demand and supply. Some new and some already tested. Couple hours ago market touched 2036 supply level and it was followed by huge move down, currently being at 2022. So price could test same 2036 level for second time should go up and if move up continues above 2040, 2048 would be a level which I look to short. Below We have 2016-2012 demand level which can hold the move down and give us some good profits, and if that is broken also other levels exist below. Later today we have a major news for USD which impacts gold to great extent make sure you watch for it. Be honorable
OANDA:XAUUSD
by AliHassanzadeh
XAUUSD SHORT AND LONG SCENARIOHello Dear friends, In this gold analysis I have multiple areas of supply and demand which I'm waiting for. Currently price is at the supply level which reacted this morning and i took 60 pips profit. As long as the current area is not breached, short opportunities exist. In my last analysis I drew a demand area around 1957 which yesterday reaction happened and price rallied up to 1971. Now same area could still prevent the selling off but you need confirmation if you are willing to take a buy there. Just below 1957 area there is another demand area around 1940 so make sure you watch for it. In case price rallies up because later today Mr Jerome powell is giving a speech , I have a supply area around 1983. As always make sure you add your logic into it prior to taking any trades. Be honorable
OANDA:XAUUSD
by AliHassanzadeh
XAUUSD BUY AND SHORT POSSIBILITIES Hi Guys, I'm back with another analysis on gold. In my last idea I highlighted a supply area around 2002 and a demand area around 1979 which price reacted to both of them perfectly and ultimate result was a substantial profit. Now pretty much same levels reside on my chart and second reaction to these levels could be expected should price reach them. Today as the market opened price started selling off to the point of QM level which was formed on Thursday and currently is moving higher toward a resistance level. which could drive the price down and give us a good profit. If our immediate demand and supply levels break there are other levels below and above them which could turn into lucrative opportunities. As always I'm gonna update this analysis as price progresses toward each direction. Be honorable
OANDA:XAUUSD
by AliHassanzadeh
A long ScenarioAnother example of QM setup has formed on 30 min timeframe. As always we could go two way about this trade, risky which means entering as soon as price hits our entry or confirmed which means looking deep into lower timeframe for reversal as soon as we price reaches our entry. ** Remember this is the second time price visiting our QM level so it involves some degree of risk **Important notice: later today we have a news coming for USD which might impact the trade** $$ STAY TUNED FOR FURTHER TRADES AND ANALYSIS $$
by AliHassanzadeh
RTM Pattern Explained In RTM style, One of the power patterns is QM. This pattern is of reversal type and spotting correctly insures highly profitable trades taking place. How to Spot the pattern?? Let's say you are in a down trend , following should happen to have a valid setup. 1. Price makes a LL after making L. 2. Price takes out Last H and Creates HH. 3. if it breaks it strongly your chances are even huge. 4. Mark the L as your entry for long trade. What if you are on a up trend , following should take place to have a valid setup. 1. Price makes HH after making H. 2. Price takes out the last L and creates LL 3. if it breaks it strongly your chances are even huge. 4. Mark the H as your entry for Short trade.
Education
by AliHassanzadeh
2
QML pattern Quasimodo | SMART MONEY CONCEPTHello all. Today we will talk about the reversal pattern "Quasimodo" or QML. Schematically it looks like this: The price moves in the trend, in POI the structure breaks and after that, the price can not update the previous HH and the downward movement continues (consider a schematic example). In this example, after the breakdown of the structure, the price reverses to soften and remove internal liquidity, after which a reversal occurs. This is done in order to close a losing position at the expense of those who put their stop losses behind the maximum of the substructure. There are many names for this pattern, such as three tap setup, but I'm more accustomed to calling it quasimodo. If you like, it's a reworked version of the "head and shoulders" pattern, but in this case you're focusing on the price action instead of the picture. Criteria for QML formation 1. Use it in HTF POI 2. Watch HTF POI 3.Watch the price action. 4. Premium or Discount zone To use the pattern effectively, you must analyze the chart of all TFs. And use the pattern as an entry model. For example, the daily TF is bearish. The price is in the premium zone, as well as on the H1 TF began an uptrend, a full of bullish trend in the lower TF, after which we see that the substructure (red) has changed from a rising to a descending. And thus, we expect a continuation of the downtrend. Important Don't use this pattern in terms of "drawing". They can draw anything on the chart. I recommend to look for POI in POI of higher TFs. An additional factor could be substructure fluctuations before FWG or OB. You need to see how the price behaves after their update. Where to put a stop loss The first option is a stop-loss for a local FVG/OB The second - above swing high of substrucutre Third - above the HTF point of interest, if your RR allows it EXAMPLE After updating the all-time high, the daily structure was broken. Then price consolidated, it was worth waiting for the manipulation. It was possible to enter from HTF POI - aggressive entry, but it was possible to wait for confirmation on the LTF (as I do). I'm expect bullish OF on 4H chart to HTF POI (2D ob) This "entry into position" is shown as an example, so that you can form an understanding of how to act in this or that situation. In conclusion, the more factors you take into account in your analysis, the higher the probability of working out of the pattern. Also, it's up to you to choose what kind of stop loss you will use. There is no right and wrong, everything depends on your strategy and money management. The position was opened after the second liquidity raid in the premium market. I hope it was helpful to you. Thank you for your attention
Education
by Patronofbargain