As depicted on the chart, both the 4-hour and 1-hour trends indicate an upward movement in the market. Additionally, the price is approaching the 4-hour Point of Interest (POI), which is considered a strong zone due to the significant uptrend. Therefore, placing a pending order for a buy position seems more probable. However, it's advisable to set the take profit (TP) after the completion of the 1-hour trend.