How to identify active wave:
For intra day trading go 5 min chart. See high and low, This is the active wave which is >40 pips.
For day trade go 15 min chart , see high and low , This is the active wave which is >100 pips
For long term trader, use 4/1 hr chart >150 pips
For intra day trading go 5 min chart. See high and low, This is the active wave which is >40 pips.
For day trade go 15 min chart , see high and low , This is the active wave which is >100 pips
For long term trader, use 4/1 hr chart >150 pips
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