ZECUSDT 5m · Quasimodo · short
WAITING FOR A RETURN TO QMLOpen · updated 04.11 01:10 UTC · forecast for ZECUSDTTimeline
- Liquidity formed: local high 1,232 (left shoulder)
- Structural low 1,223.6 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 1,240.9 confirmed
- CHoCH: close below the structural low 1223.6. Quasimodo confirmed
Why this setup was found
First the market formed a local high 1,232 (left shoulder). Stop orders piled up above it, that is, liquidity.
Then price took that liquidity: the head reached 1,240.9, which is 8.920 (1.54 ATR) above the left shoulder.
Then price closed below the previous structural low 1,223.6 (close 1,218.6). This is a bearish CHoCH: a change of market character.
The left shoulder zone (1,228.9–1,232) became the QML level: price often returns here before continuing the move.
A fresh bearish order block overlaps QML by 1%: big players already built positions in this zone.
Partially filled bearish imbalance (FVG) overlaps QML by 48%.
There were equal highs nearby: they were what price hunted.
Structure on 15m: bearish (supports the idea).
Structure on 1h: bullish (against this idea).
On the break candle aggressive sellers dominated (63% of volume).
Now: waiting for price to return to QML.
This is a scenario built from market data, not a guarantee of the result.