OrderBlock.net

MUUSDT 15m · Quasimodo · short

WAITING FOR A RETURN TO QMLOpen · updated 06.10 19:30 UTC · forecast for MUUSDT
QML (entry zone)Order blockImbalance (FVG)Tap the markers for explanations · time in UTC · delta and CVD below

Timeline

  • Liquidity formed: local high 1,081.2 (left shoulder)
  • Structural low 1,077.5 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Head 1,081.5 confirmed
  • CHoCH: close below the structural low 1077.5. Quasimodo confirmed

Why this setup was found

First the market formed a local high 1,081.2 (left shoulder). Stop orders piled up above it, that is, liquidity.

Then price took that liquidity: the head reached 1,081.5, which is 0.3000 (0.16 ATR) above the left shoulder.

Then price closed below the previous structural low 1,077.5 (close 1,075.6). This is a bearish CHoCH: a change of market character.

The left shoulder zone (1,080–1,081.2) became the QML level: price often returns here before continuing the move.

A fresh bearish order block overlaps QML by 4%: big players already built positions in this zone.

Untouched bearish imbalance (FVG) overlaps QML by 7%.

There were equal highs nearby: they were what price hunted.

Structure on 1h: bullish (against this idea).

On the break candle aggressive sellers dominated (63% of volume).

Now: waiting for price to return to QML.

This is a scenario built from market data, not a guarantee of the result.

Confirmations and contradictions

Liquidity takenConfirmation
Equal highsConfirmation
Change of character (CHoCH)Confirmation
QML not touched yetConfirmation
Fresh bearish order block at QMLConfirmation
Imbalance (FVG) in the QML zoneConfirmation
1h: structure is bullishAgainst
Delta confirms the breakConfirmation
CVD confirmed the headAgainst
Absorption at QMLUnknown
Footprint (from trades)Unknown