There are 2 fib levels on the chart. The fib level marked on the left are for the move up from Feb 2016 whilst those on the right are from April 2018. There is a point of confluence (PoC) marked on the chart where the fibs are in close range and are supported by the rising weekly 50 day MA (and also the daily 200 day MA if you switch the chart to daily). A break before .35 - 4c is unlikely but then the market always does a lot of unlikely things :-) and of course everyone talks about vanadium these days :-)