Focusing on the 15min chart I have here, you can see price is consolidating in the Asian range, as usual...
Price had a nice reaction to the Fib sweet spot.
Red line is a recent daily .
The faded blue lines are key daily support levels
Orange line is the low of the potential swing point in question. In this area I will look to draw fibs.
Looking at the 4hr you can see the past swing, and its fib sweet spot, which will be my long term target.