HYPEUSDT 1d · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 00:00 UTC · forecast for HYPEUSDTTimeline
- Liquidity formed: local low 38.706 (left shoulder)
- Structural high 44.347 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 38.155 confirmed
- BOS: close above the structural high 44.347. Quasimodo confirmed
Why this setup was found
First the market formed a local low 38.706 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 38.155, which is 0.5510 (0.27 ATR) below the left shoulder.
Then price closed above the previous structural high 44.347 (close 45.700). This is a bullish BOS: a break of structure.
The left shoulder zone (38.706–39.699) became the QML level: price often returns here before continuing the move.
There were equal lows nearby: they were what price hunted.
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.