1: Uptrend since 2018-03-26
2: Currently at a good resistance point in daily(110.221)
3: Currently in a 61.8% fibb retracement
4: Creating a new high since 2018-05-01
5: Wait for a retracement on the level 109.877 wich is also the previous high, a good support zone and an extension fibb 1.618
6: Risk ratio of 3.22
Waiting for a confirmation to enter in the trade in the killer zone( purple rectangle) where their is a lot of confluence between fiblevels, extension and resistance.
If you want more informations about this trade, feel free to joins us in our free facebook group: Groupe de World Forex Solution. Most of us speak french, but english people are accepted too!
Wait for the pair to break the high and retest it before going in the trade. The retest on the previous high will also be in corelation with a fibs level 88.6%.
Target 1 is on the next high on the H4 time frame wich is also in corelation with a fibs extension 1.618.
