When I trade major pairs like USD or JPY, I notice a more stringent market structure formation. Very rarely do these major pairs not follow market structure rules on higher timeframes. We see a clear bullish movement according to the horizontal support line. I'm looking at an entry at the last retracement wick, which beautifully touched the 61 line on the fib. The market is going to retrace down to this point, bring us into the trade and continue in a bullish formation.