^^^ what he said. From fib studies of my own and experience… first 0.236 is rarely respected except for extremely bullish situations but not worth showing and it doesn’t reflect a significant enough pullback. 0.5 and 0.78 are where you’re going to want to look for healthy pullbacks for entries. When going long, look for levels that are broken, and reverse above, holding support levels is your key. Also, drawing multiple fibs and looking for fib clusters similar to what you have is good to do and signifies a more meaningful support level. Fibs are reliable and far more widely used than drawing subjective lines, so to that end you’re off to a much better start than many. Good book for reading to help you if you like fibs is “Fibonacci Trading” by Boroden. Good luck!