OrderBlock.net

NEARUSDT 15m · Quasimodo · long

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

Timeline

  • Liquidity formed: local low 4.762 (left shoulder)
  • Structural high 4.824 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Head 4.731 confirmed
  • CHoCH: close above the structural high 4.824. Quasimodo confirmed

Why this setup was found

First the market formed a local low 4.762 (left shoulder). Stop orders piled up below it, that is, liquidity.

Then price took that liquidity: the head reached 4.731, which is 0.03100 (0.95 ATR) below the left shoulder.

Then price closed above the previous structural high 4.824 (close 4.858). This is a bullish CHoCH: a change of market character.

The left shoulder zone (4.762–4.776) became the QML level: price often returns here before continuing the move.

A fresh bullish order block overlaps QML by 57%: big players already built positions in this zone.

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

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

On the break candle the aggressive flow went against the break (50% 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 lowsConfirmation
Change of character (CHoCH)Confirmation
QML not touched yetConfirmation
Fresh bullish order block at QMLConfirmation
1h: structure is bearishAgainst
Delta against the breakAgainst
CVD confirmed the headAgainst
Absorption at QMLUnknown
Footprint (from trades)Unknown