potential break to the upside @109.364

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this is for practice purposes for myself, i only have been doing this for 3 1/2 weeks now. I realized that my fib retracements have lined up perfectly with my minor resistance lines from the low 100.110 to swing high 118.618 Fib Levels. Correct me please if im wrong but i see a potential bullish bounce off the 50.00% (109.364) area or maybe the 61.80% (107.180). Sharing this to see if im off or on .
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Daily Chart
channelbreakFibonacciForexSupport and Resistancetomhall

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