EURNZD- Wave C Trade

Looking to go long on a wave C correction when the market opens. Nice R/R ratio for a swing trade to see if it goes anywhere. If it does hit the 100%-1.618% I'll be definitely taking the trade on a short for an impulse wave down. I use EWT for possible trend direction as well as entry, exits, and SL. I trade using RENKO'S and moving averages once trend direction is determined. Never made money with EWT but it's very useful in combination with common sense, and simple trading methods using S/R and trendline breaks. As with any system, money management is key to survival in this game. No system can withstand improper money management.