SKHYNIXUSDT 5m · Quasimodo · long
CANCELLEDClosed · updated 06.10 06:15 UTC · forecast for SKHYNIXUSDTTimeline
- Liquidity formed: local low 1,326.4 (left shoulder)
- Structural high 1,331.4 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 1,325.2 confirmed
- BOS: close above the structural high 1331.3. Quasimodo confirmed
- Price entered the QML zone
- Idea cancelled: Close below the head (1325.2)
Why this setup was found
First the market formed a local low 1,326.4 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 1,325.2, which is 1.240 (0.36 ATR) below the left shoulder.
Then price closed above the previous structural high 1,331.4 (close 1,332.1). This is a bullish BOS: a break of structure.
The left shoulder zone (1,326.4–1,327.2) became the QML level: price often returns here before continuing the move.
Structure on 15m: bearish (against this idea).
Structure on 1h: bearish (against this idea).
On the break candle the aggressive flow went against the break (34% of volume).
There was no absorption on the candle that returned to QML.
Result: the idea was cancelled.
This is a scenario built from market data, not a guarantee of the result.