OrderBlock.net

SKHYNIXUSDT 1h · Quasimodo · long

PRICE IN THE QML ZONEOpen · updated 06.10 19:00 UTC · forecast for SKHYNIXUSDT
QML (entry zone)Tap the markers for explanations · time in UTC · delta and CVD below

Timeline

  • Liquidity formed: local low 1,323.9 (left shoulder)
  • Structural high 1,342.4 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Head 1,304 confirmed
  • CHoCH: close above the structural high 1342.4. Quasimodo confirmed
  • Price is approaching QML
  • Price entered the QML zone

Why this setup was found

First the market formed a local low 1,323.9 (left shoulder). Stop orders piled up below it, that is, liquidity.

Then price took that liquidity: the head reached 1,304, which is 19.900 (1.61 ATR) below the left shoulder.

Then price closed above the previous structural high 1,342.4 (close 1,347.9). This is a bullish CHoCH: a change of market character.

The left shoulder zone (1,323.9–1,330.3) became the QML level: price often returns here before continuing the move.

Structure on 4h: bearish (against this idea).

On the break candle aggressive buyers dominated (51% of volume).

There was no absorption on the candle that returned to QML.

Now: price entered the QML zone.

This is a scenario built from market data, not a guarantee of the result.

Confirmations and contradictions

Liquidity takenConfirmation
Change of character (CHoCH)Confirmation
4h: structure is bearishAgainst
Delta confirms the breakConfirmation
CVD confirmed the headAgainst
No absorption at QMLAgainst
Footprint (from trades)Unknown