ATOM - Potential Bullish Reversal!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

ATOM is approaching a non-horizontal support / trendline in blue so we will be looking for buy setups.

on H4: ATOM is forming a wedge pattern in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, ATOM would be overall bearish can still trade lower till the horizontal support in green, where we will be looking for new buy setups to form.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich