FIB Retracement

Using Fib to find the retracement. I used this upward trend because it was the
timeframe I could see the clear upward trend.
- Have I used the correct time frame? 4Hour.
- Have I used the correct upward trend?
- Should I have used a lower time frame to find a
closer upward trend to the current candle? E.g 1 Hr or 30 min.

To me this chart is telling me BNB is in an danger zone, however I feel
I should have chosen an 1.5hour and found a upward trend
closer to the current candle.