OrderBlock.net

UNIUSDT 4h · Quasimodo · long

WAITING FOR A RETURN TO QMLOpen · updated 06.10 16:00 UTC · forecast for UNIUSDT
QML (entry zone)Imbalance (FVG)Tap the markers for explanations · time in UTC · delta and CVD below

Timeline

  • Liquidity formed: local low 4.232 (left shoulder)
  • Structural high 4.474 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Price took out the liquidity beyond the left shoulder
  • Head 4.135 confirmed
  • BOS: close above the structural high 4.474. Quasimodo confirmed
  • Price is approaching QML

Why this setup was found

First the market formed a local low 4.232 (left shoulder). Stop orders piled up below it, that is, liquidity.

Then price took that liquidity: the head reached 4.135, which is 0.09700 (0.51 ATR) below the left shoulder.

Then price closed above the previous structural high 4.474 (close 4.519). This is a bullish BOS: a break of structure.

The left shoulder zone (4.232–4.267) became the QML level: price often returns here before continuing the move.

Filled bullish imbalance (FVG) overlaps QML by 100%.

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

Structure on 1d: bullish (supports the idea).

On the break candle the aggressive flow went against the break (49% 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
QML not touched yetConfirmation
Imbalance (FVG) in the QML zoneConfirmation
1d: structure is bullishConfirmation
Delta against the breakAgainst
CVD confirmed the headAgainst
Absorption at QMLUnknown
Footprint (from trades)Unknown