SOLUSDT 4h · Quasimodo · short
PRICE IN THE QML ZONEOpen · updated 06.10 20:00 UTC · forecast for SOLUSDTTimeline
- Liquidity formed: local high 121.6 (left shoulder)
- Structural low 117.3 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 122.8 confirmed
- BOS: close below the structural low 117.3. Quasimodo confirmed
- Price is approaching QML
- Price entered the QML zone
Why this setup was found
First the market formed a local high 121.6 (left shoulder). Stop orders piled up above it, that is, liquidity.
Then price took that liquidity: the head reached 122.8, which is 1.180 (0.48 ATR) above the left shoulder.
Then price closed below the previous structural low 117.3 (close 117.2). This is a bearish BOS: a break of structure.
The left shoulder zone (120.1–121.6) became the QML level: price often returns here before continuing the move.
There were equal highs nearby: they were what price hunted.
Structure on 1d: bullish (against this idea).
On the break candle aggressive sellers 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.