FX:EURUSD Euro Fx/U.S. Dollar
I annotated some larger time frame legs to signify what progression looks like. Progression is the process which price moves from either a level of support gained/lost within it's respective legs. I didn't mark everything, but you should get the idea. If you can first identify the leg price is currently retracing, you know exactly where price will go. There is no guesswork. Since this chart is a monthly view, technically, each monthly candle would represent a leg in itself, where you would see progression of support levels being gained and lost (exhausted) on a smaller time frame. Once those levels are tested, progression through the legs continues, creating what you might call trend. I color coded a leg and a corresponding leg that was used for retracement, to exhaust leg starts. Until you understand legs and progression, you probably shouldn't be trading.
I see your chart ... and it tells me that you don't know what you can expect to happen next .. only that for every action at some point there will be a similar reaction on the opposite side ... And that according to your price progression the EUR should go down now ... but your two yellow boxes which should align are both with price action going up ... if it would follow your price progression scheme it should go down, right ?