IF ETHUSD fails to break $400

ETH reclaimed the ~360 level. It has 360 below and 400 above.

Both scenarios on the 4H.

Wait for price to touch 400.

Scenario 1: If price breaks 400, wait for it to pause (break high?) and test 400 as support. If support holds, enter when price surpasses the break high. Target is 440.

• Target: 440
  Stop Loss: 400
  R:R: 2
  

Scenario 2: If price rejects off 400, wait for a second test to see if 400 holds as resistance. If resistance holds, enter when price moves below 388.

• Target: 355
  Stop Loss: 400
  R:R: 2.6