2022年2月14日 · QM Pattern is a chart pattern that shows the formation of higher highs, lower lows, and a left shoulder level. It is also known as the Quasimodo pattern. It is the most advanced chart pattern used to identify trend reversals in the market. QM will increase the risk-reward ratio of a trade setup with pinpoint entries.

2020年7月21日 · 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, react to them, when the trading opportunity arises. How do I trade Quasimodo? Buy Trade Setup. Price creates a low; Price creates a high; Price breach the low and creates a lower low

2024年9月30日 · What Is QM in Forex? The Quasimodo is a reversal chart pattern forming at the end of a solid trend. It can be spotted on any timeframe of any asset. It means you can find a Quasimodo on forex, stock, and commodity charts. A bearish QM occurs at the end of an uptrend and signals the formation of a new downtrend.

2021年10月11日 · Quasimodo in forex refers to a Reversal Chart pattern that is used in technical analysis to predict the change of trend. let’s discuss from the beginning. A bullish trend consists of at least two higher highs and two higher lows, whereas a bearish trend consists of at least two lower lows and two lower highs.

2018年3月23日 · Support and resistance, or market structure, is considered a foundation for most trading strategies. Several methods exist to identify support and resistance levels. One approach, however, calls for attention: the Quasimodo pattern, or QM. The QM is a straightforward configuration, offering both bullish and bearish scenarios.

2024年2月14日 · Quasimodo trading setup or QM is an advanced reversal pattern in which its formation signals the end of a trend, and most traders use its variants to improve trading results in the forex market. In the ever-evolving forex world, traders are constantly looking for strategies and patterns to excel in predicting market movements.

2023年6月16日 · Quasimodo pattern is a reversal chart pattern consisting of a left shoulder level and a break of the previous trend. It forms at the end of the previous trend. It is also known as the QM pattern. Most traders don’t know about the Quasimodo chart pattern, but it is one of the advanced chart patterns.

2023年3月14日 · QM level forex is a trading strategy that is based on the concept of market structure analysis. It involves using a specific set of rules to identify key levels of support and resistance in the market, known as QM levels. Traders can use these levels to make informed trading decisions and improve their profitability.

2021年10月20日 · Combine the three phases past, present and future to make a perfect Quasimodo trading strategy in forex. Follow three easy steps in this strategy. Analyze the past by finding out Zones; Identify Quasimodo chart pattern at those levels; Measure the target by finding out the gaps or imbalance states; This is an advanced Quasimodo trading strategy ...

The Quasimodo chart pattern is a popular technical analysis tool in the Forex market. Its primary functions include identifying trend reversal points and determining market entry and exit points. The QM pattern is versatile and can be employed in both bullish and bearish markets.