hello guys. it is a scalp position in short-term time frame if you are interested! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
hello guys. Trendline Break: The price has broken through a downward-sloping trendline, which is a potential signal for a trend reversal or continuation of the upward move. Order Block Area: There is a highlighted horizontal zone (yellow) around the 70.30 level, which may act as a significant resistance or supply area. Traders are likely watching for a test...
hello guys. Range-Bound Consolidation: The price has been consolidating within a well-defined range, as shown by the repeated tests of both the upper and lower boundaries (labeled 1 to 6). This range represents a period of indecision or accumulation. Engulfed Pattern & QML: The chart shows an "Engulfed" candle formation followed by a QML (Quasimodo Level),...
hello guys. Breakout of the Main Channel: The price has recently broken out of a main ascending channel, suggesting the start of a new bullish phase. This breakout indicates strength and potential continuation to the upside. Key Levels and QML (Quasimodo Levels): Two significant Quasimodo Levels (QML and QML 2) are marked on the chart. These levels are...
hello guys. let's analysis Tesla 1. Key Levels: Descending Trendline: The blue trendline represents a long-term resistance level formed by lower highs. The price has recently broken above this trendline, suggesting a potential shift in market sentiment. QML (Quasimodo Level): The yellow box represents a demand zone where the price found support and...
hello guys. 1. Price Action & Market Structure: The chart shows a recent bullish trend, where the price is forming higher highs and higher lows within a rising channel. A double bottom pattern is evident around the $2,380 - $2,385 level, indicating a strong support area that previously reversed the downward movement into the current uptrend. 2. Key Levels: ...
Hello guys. - Bullish Trend: The chart shows an overall bullish trend with higher lows forming after a correction. - Key Resistance Levels: - QML (Quasimodo Level): A significant resistance zone that could influence the price movement. - Engulfed Zone: Another resistance area where sellers previously took control. - Support Level: - Flip Area: ...
hello guys! the price is hunted the last area is around $2337, this seems like a hunt, not like an engulfing! current state: 1- it formed a QM pattern and touched the target of the pattern! 2- the Qm pattern looks like H&S too! 3- at the upper time frame the main trend still is bearish and the descending channel has not broken yet! forecast: 1- the price...
Gold → Be Ready for a pumping! hello guys! Gold touched the bottom line of the channel and started an upward movement for a while! now the price is forming a QM pattern and the level of this pattern is a great area to get a long position! on the other side, the gray area assumed a reachable area due to the last engulfing! so you can enter the blue area and...
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...
TVC:DXY has formed a Quasimodo pattern that is near completion of its right shoulder. Once it crosses ~105.9, expect it to continue up towards ~112.5 and then ~116. This is the scenario I expect will occur, and I am hopeful that it will take as long as I've drawn but it could occur much more rapidly. The longer it takes, the better chance we see extended...
hello guys... as you can see apple engulfed the last support and demand zone as a flip area! on the other hand, made two QM patterns! we can consider it as QMC and QMR too! those two blue areas are great for getting short positions! target is 181.6 and 171.3. ______________________ always do your research. If you have any questions, you can write them in...
Hello friends, Today I'm going to talk to you about an interesting and useful pattern in trading. This pattern is called QM or Quasimodo and it is one of the famous patterns in trading. This pattern consists of a high peak (Overbalance High), then a return to a lower point and finally a movement upwards that leads to a resistance point or supply zone. Note that...
Hi dear traders. QM setup has appeard on this chart. we can set sell limits for 1:1 or 1:2 R/R. Consider This based on your prespective and sterategy. Cheers.
hello dear traders. based on our chart, we identified a Quasimodo setup on Daily timeframe of Brent Oil. If price reaches our zone, it is worth considering going long on Brent Oil. I'll share updates via new publishings in the future. Cheers.
Hi traders, based on 1h chart on XAUUSD we can see a setup called ''Quasimodo''. We have 2 or 3 TPs for this one particular setup, but I stick to this until i get 1:1 reward out of it. Consider it based on your own prespective and strategy. Cheers.
Hi, hope you are all well. There is a potential Sell setup on TIAUSDT. A very good setup called Quasimodo. I'll set my sell limits inside my zone and wait for the setup to get complete. Green lines are my TPs Cheers.
Building on our previous analysis, it appears that OANDA:EURUSD holds potential for a continued downtrend towards the daily demand zone We observe the presence of the QM pattern and the emergence of the maximum pain level formation: Traders, whether you agree or have your own insights, share in the comments