Bearish QML (QML-Quasimodo Chart Pattern)
Aug 15, 2022
Bearish QML (QML-Quasimodo Chart Pattern)
Bearish QML is a reversal chart pattern that is used to predict the change in the up trend. When a LL (lower low) forms, we expect the trend will be reversed.
Entry
Selling a pullback in the supply zone, with the left shoulder as the entry point.
Stop loss
Place SL above HH.
Take profit.
2R up (Depending on your strategy stat)
