I'm that type of trader for long term.So..as you can see, USD/CAD already has made the last, 5th wave for long.After the news, today will start the 3rd wave for short on USD/CAD if you take a look on Week chart.Also on daily chart already have five waves!
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daily
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week-ly....as you can see that was second wave -corrective.
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and as you know 2nd and 4th wave everytime touch fibonacci levels, but here on this platform I don't know how to pitched fibonacci, but on my platform in forex USD/CAD touch 38.2 FIBO...So guys, that cry for short ;)
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CONCLUSION:5 waves on H4 and D!!!!Be careful.