CoursesBLT | Bank Level Trading

SMC Quasimodo Theory

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What this lesson covers

The quasimodo pattern is widely documented and easy to find described elsewhere, but this lesson builds it up from the formation underneath it, which is the head and shoulders. It starts with the retail version: left shoulder, head, right shoulder, then a break of the neckline and continuation lower, which is how most courses teach it. From there the lesson shows what the quasimodo adds and why the difference matters. Understanding the structure the pattern comes from is what allows you to recognise it while it is still forming rather than after the shape is complete, and to see when the market is producing something that looks like the pattern but is not behaving like it.