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SKHYUSDT 1h · Quasimodo · long

PRICE IN THE QML ZONEOpen · updated 06.10 19:00 UTC · forecast for SKHYUSDT
QML (entry zone)Tap the markers for explanations · time in UTC · delta and CVD below

Timeline

  • Liquidity formed: local low 185.7 (left shoulder)
  • Structural high 188.2 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Head 182.7 confirmed
  • CHoCH: close above the structural high 188.2. Quasimodo confirmed
  • Price is approaching QML
  • Price entered the QML zone

Why this setup was found

First the market formed a local low 185.7 (left shoulder). Stop orders piled up below it, that is, liquidity.

Then price took that liquidity: the head reached 182.7, which is 3.080 (2.03 ATR) below the left shoulder.

Then price closed above the previous structural high 188.2 (close 190.3). This is a bullish CHoCH: a change of market character.

The left shoulder zone (185.7–186.6) became the QML level: price often returns here before continuing the move.

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

Structure on 4h: bearish (against this idea).

On the break candle the aggressive flow went against the break (47% of volume).

There was no absorption on the candle that returned to QML.

Now: price entered the QML zone.

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
4h: structure is bearishAgainst
Delta against the breakAgainst
CVD confirmed the headAgainst
No absorption at QMLAgainst
Footprint (from trades)Unknown