SL is well placed well under the fib retracement .618 and a strong support line from price ranges. A breakout pass this support line may cause a reversal downwards. Trend is your friend, long position is viable here and it is important to trade with the trend.
Entry 0.8521
SL 0.8510
TP1 is 0.8535
TP2 is 0.8550
TRADE AT YOUR OWN RISK. THIS ANALYSIS IS NOT A FINANCIAL ADVICE!!
HAPPY TRADING!