EURUSD

Here are the EURUSD levels i am watching, its heavily selling off for the last 2-3 weeks.

The filled boxes are solid areas crossing which the next area opens up.

Please can I have this indicator?

@yokoyi, This is not an indicator. These are levels marked on the chart, drawn by hand, on the weekly or monthly. These are based on the historical support & resistance levels (highs/lows) or mostly traded prices.

You can draw them on the higher timeframe chart.

Okay.

Took a long on bullish engulfing break.

This is not a demo account.

But price was close to the Asian low, what if it chose to move downwards and breakout?

Because I observed that when price opens near the Asian low, it most likely breaks out from below

You asked what if it broke down, that is the biggest question here.

The answer is i did not know, i have entire trade on video, all the time i had my hand on close button in case price broke below. So i did not know if it would or could i was just ready to get a loss of 5500 USD in case that happened.

The first chart is sessions chart. This chart is only the candles that are between pre frankfurt and 2 candles after london bar. The price was sitting on support.

the 12 hour chart has a very strong bullish englufing.

The US sessions chart shows the trading boxes and it was sitting in the box of 9th march 2026.

The pivot point chart shows that he price was sitting on 4 hour low that had just closed and we bounced from there. We bounced and created a 5 minute bullish engulfing.

Above all we have a mechanical setup that i take in first 30 minute of pre-frankfurt, that works on trending days. when the pre opens let the first 5 minute bar close and wait for break of that bar, then enter and keep adding on every break.

I will post about the pre first 30 setup. It's not holy grail but its easy and you have strict rules.

Additionally the Franky fake or Asian fade move is supposed to be in the direction of the strong trend on 4 Hour, hence you fade the Asian in favor of dominant trend which was up.

The reason why the uptrend is dominant is because Monday was bullish and Monday sets the tone for the week if the Monday low never breaks.

Levels:

The sessions chart is really useful. But when you say price was sitting in the US session box of 9 th march of what significance is it?

Yes. Most of the time price trades between where it traded before hence you will see the same moves in same boxes.

I just took a short trade on EUR/USD after price interacted with the edge of the Asian box and formed a reversal pattern.

I have a feeling it will close bullish on the day.

I am still bullish on this pair but no technical reason yet🤣. I’m just waiting for this week trading activity to be over so I can study the pair again.

Yeah. frankfurt-london pair got faked at Asian high.

London can do the opposite sometimes and these are horrifying if you are holding on to a trade.

kudos to those that caught this.

I have now exited the trade for 26 pips profit.

Did you have a reason for exit? Don't listen to anyone else.

You were targeting 1.15. Why close now?

On the contrary, I think today will be a bearish day. 1.1500 is a key level and there are some decent expiries stacked below 1.1500 which could push price down even further.

Well, you may be right but technically speaking I don’t have anything yet on this pair. It’s safer for me to just ignore it than forcing anything on it.

You are fighting a major bullish engulfing from swing low on daily. Where Thursday has bounced from near monday's low and ECB is hawkish.

I am aware of the ongoing war but technical analysis warrants that we are still in bullish trend on weekly.

But let me say this trading is about making money not being right or wrong. So yeah we might get a massive drop too.