Timeline
- Liquidity formed: local low 84,756.1 (left shoulder)
- Structural high 84,820 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 84,739.8 confirmed
- BOS: close above the structural high 84820.0. Quasimodo confirmed
- Price is approaching QML
- Price entered the QML zone
- Idea played out: After touching QML price closed above the structural level 84820.0
Why this setup was found
First the market formed a local low 84,756.1 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 84,739.8, which is 16.300 (0.49 ATR) below the left shoulder.
Then price closed above the previous structural high 84,820 (close 84,822.9). This is a bullish BOS: a break of structure.
The left shoulder zone (84,756.1–84,784.6) became the QML level: price often returns here before continuing the move.
An already touched bullish order block overlaps QML by 98%: big players already built positions in this zone.
Partially filled bullish imbalance (FVG) overlaps QML by 23%.
There were equal lows nearby: they were what price hunted.
Structure on 15m: bullish (supports the idea).
Structure on 1h: bullish (supports the idea).
On the break candle aggressive buyers dominated (70% of volume).
There was no absorption on the candle that returned to QML.
Result: the pattern played out and is closed for tracking.
This is a scenario built from market data, not a guarantee of the result.