HYPEUSDT 1d · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 00:00 UTC · forecast for HYPEUSDTTimeline
- Liquidity formed: local low 23.108 (left shoulder)
- Structural high 26.128 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 20.475 confirmed
- CHoCH: close above the structural high 26.128. Quasimodo confirmed
Why this setup was found
First the market formed a local low 23.108 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 20.475, which is 2.633 (1.52 ATR) below the left shoulder.
Then price closed above the previous structural high 26.128 (close 30.800). This is a bullish CHoCH: a change of market character.
The left shoulder zone (23.108–23.750) became the QML level: price often returns here before continuing the move.
A fresh bullish order block overlaps QML by 15%: big players already built positions in this zone.
Untouched bullish imbalance (FVG) overlaps QML by 52%.
There were equal lows nearby: they were what price hunted.
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.