BZUSDT 1d · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 00:00 UTC · forecast for BZUSDTTimeline
- Liquidity formed: local low 72.020 (left shoulder)
- Structural high 75.930 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 70.190 confirmed
- CHoCH: close above the structural high 75.930. Quasimodo confirmed
- Price is approaching QML
Why this setup was found
First the market formed a local low 72.020 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 70.190, which is 1.830 (0.49 ATR) below the left shoulder.
Then price closed above the previous structural high 75.930 (close 76.160). This is a bullish CHoCH: a change of market character.
The left shoulder zone (72.020–73.830) became the QML level: price often returns here before continuing the move.
Partially filled bullish imbalance (FVG) overlaps QML by 69%.
On the break candle the aggressive flow went against the break (46% of volume).
Now: waiting for price to return to QML.
This is a scenario built from market data, not a guarantee of the result.