Atom is going to new high
Considering that a triangle occurs at the end of a complex correction, it seems that the price has completed wave 4 and is at the beginning of wave 5 impulse. In this case, I expect the price to go beyond the end of wave 3. and touch at least $12.7.
Trade active
It seems that ATOM is forming wave E of its tringle pattern and will retest the red zone. After that it will go up to complete its wave 5. As before $12.7 is minimum target.
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Disclaimer
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.