Quasimodo Pattern: Advanced Price Action Trading Strategy ...Middle East

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Quasimodo Pattern: Advanced Price Action Trading Strategy
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The Quasimodo pattern is an established formation that some price action traders favour over ‘traditional’ support and resistance methods. Although the pattern’s origin is unknown, some believe it draws its name from the fictional character Quasimodo: the main character of the novel, The Hunchback of Notre Dame, with the pattern’s shape portraying Quasimodo’s physique. You may have also acknowledged other traders refer to this structure as an ‘over and under’ pattern. Regardless of the structure’s name, its configuration represents a fakeout that can be traded upon returning to its left shoulder. What is the Quasimodo Pattern?The Quasimodo pattern is a reversal structure used by price action

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