BZUSDT 1h · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 21:00 UTC · forecast for BZUSDTTimeline
- Liquidity formed: local low 100 (left shoulder)
- Structural high 100.9 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 97.040 confirmed
- CHoCH: close above the structural high 100.9. Quasimodo confirmed
Why this setup was found
First the market formed a local low 100 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 97.040, which is 3.000 (4.52 ATR) below the left shoulder.
Then price closed above the previous structural high 100.9 (close 101). This is a bullish CHoCH: a change of market character.
The left shoulder zone (100–100.2) became the QML level: price often returns here before continuing the move.
Structure on 4h: bearish (against this idea).
On the break candle aggressive buyers dominated (59% of volume).
Now: waiting for price to return to QML.
This is a scenario built from market data, not a guarantee of the result.