The daily chart is bullish pair and we are currently bouncing off an aggressive trend line and current price is 0.8516. There is no action to take on the daily chart at this moment as we do not have a defined high for our ABCD set up. The 2 Hour chart is also bullish and has no defined high so I placed a 35 degree trend line to see if we can get a retest of that and look for a bullish pattern to continue to the upside. The 1 Hour chart we are able to place our ABCD on our chart and A is at 84.81 and our B is at 0.8528 and that is where we placed our fib So we have our B at 0.8528 and it has pulled back to the 50 % and has continued up but now is pulling back so no entry, as we might be late for this trade we will have to see what price does. We are looking for the bullish pattern to take to the D extension to 0.8556. for take profit. The 15 min chart is in a range and nothing we can do with this chart so I am waiting if I trade this trade I will do it off the 1 Hour chart.
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