The 5%ers' Blog

Quasimodo Pattern For Sell Position On USDJPY 30/11/2018

November 30, 2018 | 12:37 pm | The 5%ers' Blog
November 30, 2018 | 12:37 pm
The 5%ers' Blog

As a price action forex trader, Quasimodo pattern is one of my favorites, it’s a very reliable pattern, and usually, this pattern opportunity create a great risk-reward ratio position, in That case, the supply above is a great Quasimodo level, the price changed the momentum from bullish to bearish with a one strong down movement, if the price retrace to that Supply, I’ll sell there and my target will be the demand below which is also a great level of buy position.

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