MSTRUSDT 4h · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 16:00 UTC · forecast for MSTRUSDTTimeline
- Liquidity formed: local low 93.260 (left shoulder)
- Structural high 97.770 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 92.190 confirmed
- CHoCH: close above the structural high 97.770. Quasimodo confirmed
Why this setup was found
First the market formed a local low 93.260 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 92.190, which is 1.070 (0.79 ATR) below the left shoulder.
Then price closed above the previous structural high 97.770 (close 105.7). This is a bullish CHoCH: a change of market character.
The left shoulder zone (93.260–94.280) became the QML level: price often returns here before continuing the move.
Untouched bullish imbalance (FVG) overlaps QML by 81%.
There were equal lows nearby: they were what price hunted.
Structure on 1d: bearish (against this idea).
On the break candle the aggressive flow went against the break (48% of volume).
Now: waiting for price to return to QML.
This is a scenario built from market data, not a guarantee of the result.