Brown elipse is the place to take long posision, after stoch oscilator on 4H turns up (oscilator on day chart just turn up)
It's a crossroad of few key fibo retracments, key support and few time zones extensions (blue lines).
I think that new trend after correction ABC i've matched goes higher that the last one - stop loss: depens on strategy. I think few pips under end of C wave is good idea.