NEW Switzerland 20 – The Quasimodo Awakens with a BULL

Oct 16

Meet the Quasimodo shape – yes, the same name as the hunchback from Notre Dame 😅

But in trading, it’s no fairy tale… it’s a powerful reversal pattern.

We’ve got price above both the 20MA and 200MA, and it’s now broken cleanly above the neckline — confirming the pattern.

That breakout signals a potential rally toward 14,126, as the “hunchback” finally straightens his spine and marches higher! 📈

So, if you ever see this uneven, bumpy structure on a chart, don’t laugh at it — respect it.
It might just ring the church bells for your next winning trade 🔔😄

I actually came up with Quasimodo probably about 15 years ago and still rarely see it come up.

💡 Fundamentals Backing the Upside

🏦 Swiss Stability:
Investors are rotating back into quality as markets calm — and Switzerland is the definition of safe and steady.

💶 Eurozone Weakness:
Capital is flowing toward stronger economies like Switzerland’s.

📉 Inflation Under Control:
Low inflation gives room for growth without central bank panic.

💎 Technical Confidence:
Trend structure, breakout, and clean momentum alignment – it’s a classic “chart trader’s dream.”

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Nov 12

Trade active

The Quasimodo pattern has completed beautifully, with price breaking above the neckline and holding firmly above both the 20-day and 200-day moving averages. This breakout confirms the shift from consolidation to bullish momentum, aiming toward the next key target at 14,126.

Fundamental drivers supporting the move:

🇨🇭 Robust Swiss corporate earnings: Strong performance in major financial and pharmaceutical sectors boosting investor confidence.

💶 Stable franc and low inflation: Switzerland’s controlled inflation supports equity growth without central bank pressure.

🌍 Global risk appetite improving: Investors rotating back into European equities and defensive markets like Switzerland.

🏦 SNB policy stability: A steady interest rate environment encouraging continued capital inflows into Swiss assets.

Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.