I have no actual experience on Forex trading and i am NOOB Analyst but here is a simple Analysis i just made in 2 min on the 4hr Timeframe EU/USD.
You can see it is now testing the 0.5 level, which may continue to the 618, 0 (for a double top to DUMP again) or all the way up to 1.11 area.
Just check the pic and you’ll see the fib targets in the proper colours.
It’s intentionally very simple and short description.
MAKE IT OR BREAK IT GUYS! Your criticism is my learning curve.
Let it be Positive and Constructive[b] though! This is just my start.