ATOM- LONG SETUP

ATOM has bounced of the bottom support of this nice bullish channel with a strong impulse to the upside, now market is providing us with a correction, we can also see a nice W formation on the daily timeframe the neckline of the pattern is aligning perfectly with the 0.50 fibonacci take on the impulse leg. Once we see a bit deeper correction i will be dropping down to the 4hr timeframe and again waiting for entry rules to be satisfied and new bullish 4hr structure to form to break the corrective move, before looking to capitalise on the next impulse and eventually see a break above this channel.