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.
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.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.