QNTUSDT 1h · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 21:00 UTC · forecast for QNTUSDTTimeline
- Liquidity formed: local low 167.7 (left shoulder)
- Structural high 183 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 157.3 confirmed
- CHoCH: close above the structural high 183.0. Quasimodo confirmed
Why this setup was found
First the market formed a local low 167.7 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 157.3, which is 10.420 (0.86 ATR) below the left shoulder.
Then price closed above the previous structural high 183 (close 185.1). This is a bullish CHoCH: a change of market character.
The left shoulder zone (167.7–170.2) became the QML level: price often returns here before continuing the move.
Untouched bullish imbalance (FVG) overlaps QML by 20%.
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.