Support and resistance are used to identify key levels where the trend in price has a greater probability of halting and possibly changing direction. It can be a specific price, or price area. Interpretation of the degree of significance of a level depends on a trader's
QML means quasimodo level or quasimodo line. Basically, it is a level drawn at the tip of the left shoulder of the Quasimodo pattern.
QML means quasimodo level or quasimodo line. Basically, it is a level drawn at the tip of the left shoulder of the Quasimodo pattern.