This is a long position. The 4H has a lot of wickfish around 0.48 which is accentially 0.6 Fib Retracement on the daily timeframe. Buying orders are ready to be filled around 0.47 to 0.48. On the other hand if you check the hourly, it is breaking out of a Penet ish. IN case there is a fall, ready to fill in on some more postions around 0.48 but overall already in now.