Хронология
- Liquidity formed: local high 272.1 (left shoulder)
- Structural low 271.8 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 272.9 confirmed
- CHoCH: close below the structural low 271.8. Quasimodo confirmed
- Price is approaching QML
- Price is approaching QML
- Price is approaching QML
- Price entered the QML zone
- Idea cancelled: Close above the head (272.9)
Почему этот сетап найден
First the market formed a local high 272.1 (left shoulder). Stop orders piled up above it, that is, liquidity.
Then price took that liquidity: the head reached 272.9, which is 0.8000 (2.62 ATR) above the left shoulder.
Then price closed below the previous structural low 271.8 (close 271.4). This is a bearish CHoCH: a change of market character.
The left shoulder zone (272.1–272.1) became the QML level: price often returns here before continuing the move.
There were equal highs nearby: they were what price hunted.
Structure on 15m: bullish (against this idea).
Structure on 1h: bearish (supports the idea).
On the break candle aggressive sellers dominated (62% of volume).
There was no absorption on the candle that returned to QML.
Result: the idea was cancelled.
This is a scenario built from market data, not a guarantee of the result.