1. 0.886+1.618 Fib confluence is where it completes and gives us an entry for Long 2. As the overall trend is still down on weekly, we can target 38.2 retracement level as target. 3. Stop will be just below 1.13 fib extension.
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another position entered:
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Profit targets and stop loss levels adjusted as per fibonacci
First Profit Target:1.10621 (38.2 Fib Level) Second Profit Target:1.11068 (61.8 Fib Level) Stop Loss: 1.09725
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