EUR/USD price action for February 12, 2026

1. The Weekly Extreme: Early in the session, price plummeted to the 1.1854 level, which aligned perfectly with the H1 120BB (2.5 Deviation). According to the protocol, touches at this "Weekly Extreme" are high-probability exhaustion points where the "rubber band" is stretched to its limit.
2. 
   The Intraday Trend: After hitting the 120BB floor, price executed a "Snap-back" reversal, aggressively reclaiming the 24BB Midline. This shift from trading below the midline to trading above it flipped the structural bias from bearish to bullish for the remainder of the session.

2. Value & Momentum Filters (The "Safeties")

1. VWAP "Line in the Sand": The most critical confirmation occurred when price crossed and sustained a position above the Daily VWAP (approx. 1.1872). Being above VWAP mandates a Bullish Bias.
2. RSI(9) Confirmation: As the move developed, RSI(9) crossed above the 55 threshold. This provided the "Momentum Confirmation" required to validate that the move was not a "Head Fake" but a high-conviction trend expansion.

3. The M5 (Execution Dynamics)

1. The Alignment: We observed a "Gold Mine" setup where the H1 chart was expanding (Bulge) while the M5 provided high-precision entries during minor consolidations.
2. "Walking the Bands": Once the trend reached the 1.1880 handle, price began to "hug" the upper 12BB and 48BB bands. This strictly forbids counter-trend trading during this phase, as it represents strong institutional flow.
3. The Midline Rule: Throughout the rally, the 48BB Midline acted as a structural pivot. Every minor pullback was absorbed at this midline, confirming that the "market's heart rate" remained healthily bullish.

4. Order Flow & Volume (The Truth-Detector)

1. Cumulative Delta Confirmation: The move from 1.1865 to 1.1885 was accompanied by rising Cumulative Delta. Because price and Delta moved in tandem, we could rule out "Absorption traps" (where price rises but Delta falls), confirming that aggressive buyers were in full control.
   
2. Initial Balance (IB) Break: The breakout above the London session’s Initial Balance High with expanding Bollinger Bands signaled that the trend was likely set for the duration of the day.

I am LONG on EUR/USD for today