What followed on the 50% fib was a candle indicating potential upwards momentum.
Currently there are two drawn . If there is breakout of the inner on the smaller timeframe it will warrant a long move. A further position may be added after a break of the outer , targeting the 23.6% fib which is also confluent with previous resistance.
On a longer term basis, if target 1 is surpassed, then a new higher high will be expected, potentially at 1.600.
ON THE OTHER HAND, if price does not show appropriate price action on smaller timeframes near the , the a short move can be considered if the support around 1.500 is broken and retested as resistance.