In 2017 the eur/usd went from really low 1.03399 all the way to 1.25368. in 2018 it came in a strong downtrend to a low 1.13012.
There it got strongly rejected, and last week bounce to a high 1.18028.
On the daily you can see a strong uptrend. but looking at the elliotwave and my fibb, i think it will retrace to 0.382 on my fibb, and then
to go up to above 1.20000. So i would wait for the pullback and then go long.
I'm new to trading, so this is not an advise for you to take a trade, its just my thought on this set up.
Please do give me feedback, as i'm still learning.
Friendly regards