Using fractal geometry to trade the U/C plan !
On the Daily chart we are trying to time a 5 ema (Blue) move while planning ahead. "If' this plan (based on a fundamentally bearish CAD) is going to happen its best to trade off a smaller time frame to get a closer look.
On the 1 HR the Daily 5 is now the 55 ema so notice where the candles live and how both the Daily 5 & the 1 HR 55 look very similar along with the 21-55 macd and the '0' line. So if the candles live above the 55 and the macd stays above the '0' line the Daily 5 & stoch move is underway. Time to start looking to 'Buy' the stoch again when its OS on the 1 HR which happens 'once' per day on average. 'IF' the candles fall below the 55 and macd falls below the '0' line the plan is invalid. How this works is that we get 24 updates/day here and we can look 'Inside' a Daily 5 run by using fractals. Use the same theory when moving down to the minute charts !