Smart Money Concepts

Quasimodo Pattern (QM)

Definition

An advanced reversal pattern where price forms a higher high followed by a lower low (or vice versa), creating an asymmetric structure that signals smart money distribution or accumulation.

Example

The Quasimodo pattern formed when price made a higher high at 1.1050 then broke below the previous low at 1.0900, signaling a distribution reversal.

Explore More

Learn Trading with SignalPro

518 trading terms, 311 lessons, and AI-powered signals — all free to start.

Download Free