OrderBlock.net

RLCUSDT 1h · Quasimodo · long

WAITING FOR A RETURN TO QMLOpen · updated 06.10 19:00 UTC · forecast for RLCUSDT
QML (entry zone)Order blockImbalance (FVG)Tap the markers for explanations · time in UTC · delta and CVD below

Timeline

  • Liquidity formed: local low 0.3240 (left shoulder)
  • Structural high 0.3353 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Head 0.3211 confirmed
  • CHoCH: close above the structural high 0.3353. Quasimodo confirmed
  • Price is approaching QML

Why this setup was found

First the market formed a local low 0.3240 (left shoulder). Stop orders piled up below it, that is, liquidity.

Then price took that liquidity: the head reached 0.3211, which is 0.002900 (0.54 ATR) below the left shoulder.

Then price closed above the previous structural high 0.3353 (close 0.3357). This is a bullish CHoCH: a change of market character.

The left shoulder zone (0.3240–0.3268) became the QML level: price often returns here before continuing the move.

A fresh bullish order block overlaps QML by 11%: big players already built positions in this zone.

Partially filled bullish imbalance (FVG) overlaps QML by 14%.

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

Structure on 4h: bullish (supports the idea).

On the break candle the aggressive flow went against the break (39% 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
Imbalance (FVG) in the QML zoneConfirmation
4h: structure is bullishConfirmation
Delta against the breakAgainst
CVD confirmed the headAgainst
Absorption at QMLUnknown
Footprint (from trades)Unknown