The 5%ers' Blog

Quasimodo Level On 4H Chart In GBPCAD 22/01/2019

January 22, 2019 | 2:01 pm | The 5%ers' Blog
January 22, 2019 | 2:01 pm
The 5%ers' Blog

The supply level above us is also Quasimodo level, Quasimodo consider as a very reliable pattern, usually, Quasimodo level creates a great Risk Reward ratio, the supply above has Broke out the last low of the bullish momentum that was before, the price did it in a very sharp and fast drop and in one movement which creates the Quasimodo level, I’ll wait for the Price to reach that supply, and I’ll sell there on the first touch and my long term target will be 1.6000 zones.

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