Timeline
- Liquidity formed: local low 1,329.3 (left shoulder)
- Structural high 1,334.5 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 1,326.5 confirmed
- BOS: close above the structural high 1334.5. Quasimodo confirmed
- Price is approaching QML
- Price entered the QML zone
- Idea played out: After touching QML price closed above the structural level 1334.5
Why this setup was found
First the market formed a local low 1,329.3 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 1,326.5, which is 2.850 (0.92 ATR) below the left shoulder.
Then price closed above the previous structural high 1,334.5 (close 1,334.8). This is a bullish BOS: a break of structure.
The left shoulder zone (1,329.3–1,331) became the QML level: price often returns here before continuing the move.
Filled bullish imbalance (FVG) overlaps QML by 15%.
There were equal lows nearby: they were what price hunted.
Structure on 15m: bullish (supports the idea).
Structure on 1h: bullish (supports the idea).
On the break candle aggressive buyers dominated (52% of volume).
There was no absorption on the candle that returned to QML.
Result: the pattern played out and is closed for tracking.
This is a scenario built from market data, not a guarantee of the result.