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Chart Patterns · Price Action Mastery Advance · 17:16 video · Urdu / Hindi

Quasimodo (QM) pattern for scalpers and day traders

The quasimodo, or QM, is a reversal pattern known for its good reward-to-risk potential. This lecture shows how to recognise it and trade it on lower timeframes.

Dr. Qazi Abdul Basit
Video lesson by Dr. Qazi Abdul Basit, Ph.D · Forex & Gold trader since 2013
Notes by the Qazi Forex Tips team · Updated 23 October 2026
Watch in Urdu / Hindi · 17:16·Open on YouTube

In this lecture

  • What the quasimodo pattern is
  • Why it can offer good reward to risk
  • Using it as a scalper or day trader

Lesson notes

How a bearish QM forms

  1. Price makes a high (the left shoulder).
  2. Then a higher high (the head), which takes out the liquidity above the first high.
  3. Then a low that breaks below the previous low: a lower low, the first sign that structure has changed.
  4. Price pulls back up towards the level of the left shoulder: the QM level.

The bullish QM is the exact mirror after a downtrend.

The entry

The classic entry is a sell limit or a confirmation candle at the QM level (the left shoulder), with the stop loss above the head. Because the stop is beyond the extreme and the target is the next low or level, the reward-to-risk can be large.

Filters that help

  • QM at a higher-timeframe supply or demand zone.
  • A clear break of the low (strong candle), not a small wick.
  • Avoid trading it right before high-impact news.

Khulasa (Roman Urdu / Hindi)

  • Bearish QM: high, phir higher high, phir lower low.
  • Entry QM level (left shoulder) par, SL head ke oopar.
  • Higher timeframe zone par QM zyada mazboot.
  • Bullish QM iska ulta.

Questions

What is a quasimodo pattern in trading?

A reversal pattern: a high, a higher high, then a break to a lower low, with entry when price returns to the level of the first high.

What is the QM level?

The level of the left shoulder, the first high (or low) before the head, where traders look for the entry.

Is the quasimodo the same as head and shoulders?

They look similar, but in the QM the low between the shoulders is broken before entry, so structure has already changed.

Where is the stop loss in a QM trade?

Beyond the head, the extreme high of a bearish QM or the extreme low of a bullish QM.

Which timeframe is best for the quasimodo pattern?

Scalpers use M5–M15 with the higher timeframe for direction; swing traders use H1–H4.

Is the quasimodo pattern part of Smart Money Concepts?

It uses the same ideas: liquidity grab above a high and a change of structure.

Related lessons

Chart PatternsHead and shoulders pattern: how to confirm and trade itMarket AnalysisMarket structure explained: the key to direction and entriesMarket AnalysisHow to spot a trend reversal early

Education only, not financial advice. Trading forex, Gold and CFDs carries a high risk of loss. Examples are for learning; test any method on a demo or in a simulator before using real money.