KORUUSDT 1h · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 20:00 UTC · forecast for KORUUSDTTimeline
- Liquidity formed: local low 20.130 (left shoulder)
- Structural high 20.900 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 19.740 confirmed
- CHoCH: close above the structural high 20.900. Quasimodo confirmed
- Price is approaching QML
Why this setup was found
First the market formed a local low 20.130 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 19.740, which is 0.3900 (0.99 ATR) below the left shoulder.
Then price closed above the previous structural high 20.900 (close 21.020). This is a bullish CHoCH: a change of market character.
The left shoulder zone (20.130–20.390) 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 62%.
There were equal lows nearby: they were what price hunted.
Structure on 4h: bearish (against this 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.