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ORCAUSDT 1h · Quasimodo · long

WAITING FOR A RETURN TO QMLOpen · updated 06.10 20:00 UTC · forecast for ORCAUSDT
QML (entry zone)Tap the markers for explanations · time in UTC · delta and CVD below

Timeline

  • Liquidity formed: local low 1.788 (left shoulder)
  • Structural high 1.845 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Head 1.782 confirmed
  • BOS: close above the structural high 1.845. Quasimodo confirmed

Why this setup was found

First the market formed a local low 1.788 (left shoulder). Stop orders piled up below it, that is, liquidity.

Then price took that liquidity: the head reached 1.782, which is 0.006000 (0.30 ATR) below the left shoulder.

Then price closed above the previous structural high 1.845 (close 2.035). This is a bullish BOS: a break of structure.

The left shoulder zone (1.788–1.804) became the QML level: price often returns here before continuing the move.

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

Structure on 4h: bullish (supports the idea).

On the break candle aggressive buyers dominated (51% 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
4h: structure is bullishConfirmation
Delta confirms the breakConfirmation
CVD confirmed the headAgainst
Absorption at QMLUnknown
Footprint (from trades)Unknown