NZD/CAD
In this chart is easy to see the waves,sometimes i do this just to get more knowledge about the pair.
At a larger scale,don't know if it's a retracement (a,b,c) or a impulse wave (1,2,3,4,5).
If it is a retracement (already show 3 waves),then one last push long and down she comes to continue the impulse wave like shown at left side of the chart.
If it is a impulse wave,then one last push long and down she comes for the start of wave 4.
Either way,buy is trade to take now and more later is sell.
In this chart is easy to see the waves,sometimes i do this just to get more knowledge about the pair.
At a larger scale,don't know if it's a retracement (a,b,c) or a impulse wave (1,2,3,4,5).
If it is a retracement (already show 3 waves),then one last push long and down she comes to continue the impulse wave like shown at left side of the chart.
If it is a impulse wave,then one last push long and down she comes for the start of wave 4.
Either way,buy is trade to take now and more later is sell.
Work smarter,not harder