NVDAUSDT 15m · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 19:30 UTC · forecast for NVDAUSDTTimeline
- Liquidity formed: local low 235.1 (left shoulder)
- Structural high 235.8 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 235.1 confirmed
- BOS: close above the structural high 235.8. Quasimodo confirmed
Why this setup was found
First the market formed a local low 235.1 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 235.1, which is 0.02000 (0.06 ATR) below the left shoulder.
Then price closed above the previous structural high 235.8 (close 236.3). This is a bullish BOS: a break of structure.
The left shoulder zone (235.1–235.3) 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 aggressive buyers dominated (51% of volume).
Now: waiting for price to return to QML.
This is a scenario built from market data, not a guarantee of the result.