Waiting for S&P500 retrace to 3947 to enter long position

S&P500 is in the uptrend on Daily chart. On 1h chart it went down to 1h up channel support, bounced off it and made a Counter trend line break bullish in the BUY ZONE. Target - 1h channel resistance @4012, which also coincides with 1h up fib ABCD 1,21 extension and daily up channel resistance.