My current look at the ETHUSD market on the H4 timeframe - along with some higher timeframe OBs. I'm not rushing into any trades. I'll observe how price plays off these levels and base my decision off that.
Plenty of trades to be had, I rather protect my captial (and you should to) and wait for a good setup then take bad R:R trades based off FUD or FOMO.
Being reactionnary paid off - originally i was short at 263. Closed for .63% loss.
H1 closed above S/R line/50% fib line with a nice wick.
Quickly switched bias to long aiming for bottom of last high.
took some off at the OTE, holding the rest to see the reaction.
Hoping the green box holds as support.