This green line is representative of very good buying value, this should be your target entry zone on a buy. Be careful though if price doesnt show signs of swinging here then it will seek next support line down.
A candle has closed on 4 hr chart already too indicating buyers in this zone.
Make sure to wait for more signals. If it doesnt retrace into the buy zone, dont chase it. Let it run
Watch out for Upcoming US New Event after their lunch.