Same pattern on different time frames. {image} {image}
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Great findings Quidsey!
If I remember correctly I saw this pattern somewhere and they called it Quasimodo. If we can write an indicator to scan this pattern then it would be very helpful. I'm thinking about that.
Joined Dec 2009
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Status: No longer here
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Nice one, it's ping pong.
Attached Image (click to enlarge)
I think much like rounded retests and SFP's we need to be careful what we choose to trade, there are a lot of variables which could effect the outcome.
I've not looked closely at Supply and Demand trading, but this pattern (or their version of it) seems to be high on their list of priorities.