I will simplify the analysis for you. Don't buy at the peak. Set the weekly chart and draw Fibonacci from the lowest low to the highest peak, and see if the currency is trending down or up. Then check the daily, 12-hour, and 4-hour charts. If it's trending down or if the currency is above 50%, don't enter below 50%. Look at what stage you have reached, where it has retraced, and whether it could break previous lows or highs. Everything will become clearer as you zoom in on the timeframe.