The bill failed to pass at dawn. Ether is being injected as scheduled. I probed around 2350—Ethereum has not broken down.
The 4-hour bullish structure is not completely ruined yet. Tonight the Fed is expected to hold its policy decision, and the odds of an injection are still very high. 2350 is still worth taking a chance on. I don’t recommend entering from the left here.
If the 4-hour price breaks below 2350, and it doesn’t close (below), then the setup is invalid.
Wait for a right-side manual entry—for example, enter at the 4-hour lower fractal or after the candle closes!
The 4-hour bullish structure is not completely ruined yet. Tonight the Fed is expected to hold its policy decision, and the odds of an injection are still very high. 2350 is still worth taking a chance on. I don’t recommend entering from the left here.
If the 4-hour price breaks below 2350, and it doesn’t close (below), then the setup is invalid.
Wait for a right-side manual entry—for example, enter at the 4-hour lower fractal or after the candle closes!
