Used as
PAZEntry PatternSet-Forget Strategy
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FXP Trades
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#qml
Description
The Quasimodo Level, or QML for short is a popular Forex concept that is very simple to spot and to use. It requires the market to break structure and return to the pivot level, known as the QML level
How to Use
The #qml pattern can be used in the following ways.
As a Potential Action Zone (#paz)
As an Entry Pattern
As a stand alone Set-Forget Strategy
Using it as a Potential Action Zone
On the higher timeframe, we can mark of these QML levels and stalk them for setup patterns.
Info: #paz