The daily chart is bullish and has been for some time. The ABCD was revised today as there was to many lines haha. Well the ABCD is as this now the A is at price level 1.5874 and B is at 1.6269. We are looking for the C pullback and would like to see it come back to the 50% fib at 1.6074 and then look for a bullish candle and take the long with the trend.
The 2 Hour chart is in a sideways price action so we placed support at 1.6128 and resistance at 1.6228 big range at 100 pips however ugly chart. The 1 Hour chart we were able to place the ABCD Fibbs and we have A at 1.5894 and B at 1.6224 we are looking to get the C pullback to the 50% fib at 1.6098. And look for the bullish candle and take it to the D extension at the 61.8 at 1.6428 for take profit. The 15 minute chart has all sideways price action and looks horrible for a trade set up, so we placed support at 1.6152 and a trend line for resistance at 1.6180. So I am not looking to trade off the 15 minute chart looking at the 1 Hour chart for any possible entry.