Quasimodo-entry

1. Draw a valid neckline
2. Confirm that it is steeply angled
   • Down for H&S
   • Up for IH&S
3. Wait for price to return to approximately the same level as the high/low of the left shoulder
4. Look for entry setup candles and enter the normal fashion

(Just wait for the top of the shoulder, then straight in).

In this example, the right-shoulder retrace is close enough to the left shoulder. From this point on, we can look for entry candles.

Enter in that red pinbar near the end:

We won! It did get an actual entry in the end, but the quasimodo entry gets a better risk to reward ratio.

The reason this is allowed is because we have a break of structure.

The start of the neckline is a low

Because the neckline is sloped downwards, the bottom of the right shoulder neckline close, will be a lower low.

You don't need a close below, but it is preferred.

EUR/AUD IHS example

You couldn't enter in that first right shoulder, but the second right shoulder is close enough.

Win! Try to look for 3:1 minimum for super aggressive stop losses.