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SellEUR/USDOANDA:EURUSDhashimsani011. Long-Term Trend From 2002 to 2008, EUR/USD was in a strong bullish trend. After the peak, the market failed to continue higher and started making lower highs. This shows a shift from bullish to bearish structure on the higher timeframe. 2. QML (Quasimodo Level) The level marked QML is a Quasimodo pattern. It forms when: Price makes a higher high Then breaks structure downward Returns to the level before selling off On high timeframes, QML is a very strong reversal zone. 3. Supply / Resistance Zone The horizontal area around 1.35 – 1.40 is a major resistance (supply) zone. This zone was previously a strong selling area. Institutions are likely to sell again if price revisits this zone.