CPI pushed price down to tap the H4 order block which price actually did reject with an H4 hammer candle that adds even more confirmation for the buy.
The SL which is just below the order block is 0.5980 (26 pips) Entry is just around this place price is but since price has moved already you can enter at the current price (0.6007).
Use proper risk and money management and try not to over-leverage your account.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.