COMPUSDT - LONG SETUP

Since COMP's recent bullish impulse on the daily timeframe the market has provided us with a nice correction to the 0.382 fibonacci, generally speaking after a impulse and correction you expect the market to make the continuation to the upside, on the 4hr timeframe however everything at the moment is bearish we are below corrective trendline and we have a head and shoulders formation. IF HOWEVER the market manages to break above the corrective trendline and form a new 4hr higher high and close above this previous swing high, on the retest if all other entry rules are satisfied we will be taking a nice long.