CTI fib and MACD buy setup

For this analysis I've used two of my favourite indicators. MACD and Fib Retracement. As you can see, combined they sign a good buying position. MACD tells that the point of convergence is near and Fib Retractment allows us positevly expect price growth around 8%. So, for that I've layed out this buy setup:

Buy price: 0.7370
Take profit: 0.7965
Stop loss: 0.7070