Quasimodo pattern (over and under)

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Quasimodo pattern (over and under)

Quasimodo Pattern (Over and Under)Easy guide to trading the Quasimodo PatternThe Quasimodo Pattern or Over and Under pattern is a relatively new entra

Quasimodo pattern (over and under) ant to the field of technical analysis in the financial markets. Although new, the Quasimodo pattern is a commonly occurring theme that is more freque

nt when price can es a top or a bottom or when price begins a major correction to the trend.The Quasimodo Pattern, although complex as it might seem i Quasimodo pattern (over and under)

s actually very simple. This trading pattern is especially powerful because when it occurs, in most cases, traders will notice a confluence with other

Quasimodo pattern (over and under)

methods of analysis.For example, when a trader spots a Quasimodo pattern near a support or resistance level, it increases the confidence of the trade

Quasimodo Pattern (Over and Under)Easy guide to trading the Quasimodo PatternThe Quasimodo Pattern or Over and Under pattern is a relatively new entra

Quasimodo pattern (over and under) ce set up with more confidence.As we can see from the above, the Quasimodo pattern is not a trading strategy by itself but is more of a confluence pat

tern that can be used to confirm a trader's bias, of course, the Quasimodo pattern doesn't appear all the time, but when it does, traders can be sure Quasimodo pattern (over and under)

that the market offers a high probability trade set up.What is the Quasimodo (Over and Under) Pattern?A Quasimodo Pattern is simply a series of Highs

Quasimodo pattern (over and under)

Lows and Higher or Lou er highs or lows.Quasimodo Short Signal Pattern1There should be a prior uptrend in the markets2Price makes a new high, declines

Quasimodo Pattern (Over and Under)Easy guide to trading the Quasimodo PatternThe Quasimodo Pattern or Over and Under pattern is a relatively new entra

Quasimodo pattern (over and under) ses towards the initial high (but does not make a new higher high).The fifth level in the set up is the trigger, where a short position is taken. Stop

s are set above the higher high and the take profit level is up to the trader.Quasimodo Long Signal Pattern1There should be a prior downtrend in the m Quasimodo pattern (over and under)

arkets2Price makes new low then makes a small rally and forms a local high3Price then declines to form a new lower low taking out the previous low4Pri

Quasimodo pattern (over and under)

ce then rallies to make a new higher high and then declines5The final decline is equal to the first lowThe fifth leg in this pattern is the trigger fo

Quasimodo Pattern (Over and Under)Easy guide to trading the Quasimodo PatternThe Quasimodo Pattern or Over and Under pattern is a relatively new entra

Quasimodo pattern (over and under) nd then makes a new local high at 100.2743Price then declines and makes a new lower low at 99.9834Price then rallies to make a new higher high at 100.

38 and then declines5The final leg in the decline is just a few pips above the previous low. This triggers a long signalQuasimodo Long Example H2Quasi Quasimodo pattern (over and under)

modo Short Signal Pattern Examples:Quasimodo Short Example #71Price is in an uptrend2Price then makes a new high at 1.5251 and then declines to make a

Quasimodo pattern (over and under)

low at 1.51873Price then rallies to make a higher high at 1.5321 and then declines4A new lower low is posted at 1.51655Price then makes a modest rall

Quasimodo Pattern (Over and Under)Easy guide to trading the Quasimodo PatternThe Quasimodo Pattern or Over and Under pattern is a relatively new entra