ETH LONG 4 Hour Trade Idea

In the world of the CHAMELEON, the YELLOW color acts like a guide on the highway. (Please see the youtube channel for details).
On the basis of the strength of the DAILY idea, now watching for a lower timeframe entry.
A retest of the YELLOW VWAP for ENTRY combined with the LOW of the nearest YELLOW for STOP Placement provides a valid trade idea with the next DAILY FIB RANGE level as a TARGET which we can anticipate will hold little RESISTANCE on the way to the top of the RANGE.

Komentarz:

Price reached the expected area.
In doing so, the CHAMELEON TAIL (not shown on this chart since the indicator does not update with the idea), changed to RED. No trade.