Quasimodo Trading Strategy | Fxstrategylife

Quasimodo Trading Strategy Video by Fxstrategylife

Watch this Video As I try to explain the Quasimodo formation and how to trade it in real markets

There are many chart patterns price action traders use to analyze and anticipate price movements. Being a new entrant in the chart pattern catalog, the Quasimodo chart pattern may not be one of the most popular, but it could be one of the most reliable. Wondering what the Quasimodo trading strategy is?

The Quasimodo trading strategy is a chart pattern that consists of a series of swing highs and lows that breaks the characteristics of an existing trend, thereby signifying a potential change in the trend direction. So, it is a reversal trading pattern that forms around the end of an existing trend — can be a bullish reversal pattern when it occurs at the end of a downtrend and a bearish reversal pattern when it occurs at the end of an uptrend.