ORCAUSDT 15m · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 22:15 UTC · forecast for ORCAUSDTTimeline
- Liquidity formed: local low 2.810 (left shoulder)
- Structural high 2.961 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 2.770 confirmed
- BOS: close above the structural high 2.961. Quasimodo confirmed
Why this setup was found
First the market formed a local low 2.810 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 2.770, which is 0.04000 (0.34 ATR) below the left shoulder.
Then price closed above the previous structural high 2.961 (close 2.978). This is a bullish BOS: a break of structure.
The left shoulder zone (2.810–2.839) became the QML level: price often returns here before continuing the move.
Partially filled bullish imbalance (FVG) overlaps QML by 100%.
Structure on 1h: bullish (supports the idea).
On the break candle aggressive buyers dominated (55% of volume).
Now: waiting for price to return to QML.
This is a scenario built from market data, not a guarantee of the result.