Break and retest of Double Bottom on EURUSD 04/7/2020

Double bottom formed at bottom of trend on the 1H timeframe. Break out candle on April 7, 2020. Two Candles opened and closed above the apex of the double bottom (apex is at support level). Using the Fibonacci tool from the low of the right leg to the high of the pull back after breakout, the 618 level closely lines up with the level of previous support at the apex of the double bottom. Entry placed slightly above 618 level. Stop Loss set below the 786 level.