SPCXUSDT 1h · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 19:00 UTC · forecast for SPCXUSDTQML (entry zone)Imbalance (FVG)Tap the markers for explanations · time in UTC · delta and CVD below
Timeline
- Liquidity formed: local low 159.9 (left shoulder)
- Structural high 160.8 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 158.3 confirmed
- CHoCH: close above the structural high 160.8. Quasimodo confirmed
Why this setup was found
First the market formed a local low 159.9 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 158.3, which is 1.650 (5.79 ATR) below the left shoulder.
Then price closed above the previous structural high 160.8 (close 164.5). This is a bullish CHoCH: a change of market character.
The left shoulder zone (159.9–160.1) became the QML level: price often returns here before continuing the move.
Untouched bullish imbalance (FVG) overlaps QML by 100%.
Structure on 4h: bullish (supports the idea).
On the break candle aggressive buyers dominated (57% 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
Change of character (CHoCH)Confirmation
QML not touched yetConfirmation
Imbalance (FVG) in the QML zoneConfirmation
4h: structure is bullishConfirmation
Delta confirms the breakConfirmation
CVD confirmed the headAgainst
Absorption at QMLUnknown
Footprint (from trades)Unknown