NEARUSDT 1d · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 00:00 UTC · forecast for NEARUSDTTimeline
- Liquidity formed: local low 1.321 (left shoulder)
- Structural high 1.432 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 1.244 confirmed
- CHoCH: close above the structural high 1.432. Quasimodo confirmed
Why this setup was found
First the market formed a local low 1.321 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 1.244, which is 0.07700 (1.01 ATR) below the left shoulder.
Then price closed above the previous structural high 1.432 (close 1.488). This is a bullish CHoCH: a change of market character.
The left shoulder zone (1.321–1.325) became the QML level: price often returns here before continuing the move.
Untouched bullish imbalance (FVG) overlaps QML by 82%.
There were equal lows nearby: they were what price hunted.
On the break candle aggressive buyers dominated (52% of volume).
Now: waiting for price to return to QML.
This is a scenario built from market data, not a guarantee of the result.