EUR/USD Preparing to take the High of the Year 09(Todate).

A Strong Bullish trend line.

See Chart.

MetaTrader4: ADD FEBONACCI LEVEL 78.6

MetaTrader4

Here are the custom Fib levels I typically watch:

Any "retracement" beyond 100% is a reversal.

Sometimes using Fibs in combination with other indicators and also a larger time frame you can catch the reversal earlier.

Level 0 0.146 0.236 0.382 0.5 0.618 0.786 0.86 0.942 1 -0.18 -0.27 -0.382 -0.618 -1 -1.618 -3.236

Description 0.0 - %$ 14.6 - %$ 23.6 - %$ 38.2 - %$ 50.0 - %$ 61.8 - %$ 78.6 - %$ 86.0 - %$ 94.2 - %$ 100.0 - %$ 118.0 - %$ 127.0 - %$ 138.2 - %$ 161.8 - %$ 200.0 - %$ 261.8 - %$ 423.6 - %$