Quasimodo (QM) Pattern — Bullish — what it is and how to read it

Bullish pattern Classic and harmonic chart patterns

A reversal structure after a false low break: price first breaks the old low (seller trap), then breaks the structure upward and returns to the level of the first low. Buyers expect interest on that return.

How to read it

A bullish structure is only a candidate until its trigger (neckline / breakout level) is broken. StockFortuna draws the ▲ marker only on a green candle that closes above the trigger — a description of what the chart did, not a recommendation.

Our backtest: 🔴 Backtest: negative — information only.

BIST 100 stocks where our scan detected it (last 30 trading days, 19 Oct 2026)

StockPattern completedLive chart
AKFGY30.09.2026open chart
BUCIM30.09.2026open chart
CANTE15.09.2026open chart
EREGL16.09.2026open chart
FROTO16.09.2026open chart
ISCTR16.09.2026open chart
TABGD29.09.2026open chart
TAVHL30.09.2026open chart

Automatic detection only (alphabetical) — StockFortuna does not recommend stocks; open the chart and judge for yourself. Not investment advice.

Try it on a live chart →

FAQ

What is the Quasimodo (QM) Pattern — Bullish?
A reversal structure after a false low break: price first breaks the old low (seller trap), then breaks the structure upward and returns to the level of the first low. Buyers expect interest on that return.
Is the Quasimodo (QM) Pattern — Bullish bullish or bearish?
It is a bullish (upside) pattern.
When is it marked on the chart?
Only when a green candle closes above the trigger (neckline / breakout level); the ▲ marker describes what the chart did, it is not a recommendation.
Has it been backtested?
🔴 Backtest: negative — information only.
How can I see the Quasimodo (QM) Pattern — Bullish on a live chart?
Open StockFortuna → Markets → Chart Studio and pick it from the list; the pattern is detected automatically on real data.

Related

For information and education only — not investment advice.

The data and measures on this page are StockFortuna's own technical calculation, based on end-of-day, delayed data. This is not investment advice (no investment advisory service is provided under Turkish Capital Markets Law No. 6362). Verify from your own source before deciding. This English text is a convenience translation; the Turkish version is binding. Not investment advice · Risk disclosure · Data and method · Methodology and data sources · About · Cookie preferences