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William Gann was born in 1878. Trying hand at stock exchange where he used his own funds, he released that a special expertise is required to trade. He researched the market and could calculate a precise time of reversals even for the year before.

Elliott waves for Forex correlation analysis

2024 EURUSD GBPUSD USDJPY
21
6月

The updated scenario with a simple zigzag is currently being confirmed. The previously formed impulse, identified as wave 1, was corrected by a minor decline during yesterday's trading session, forming wave 2. Now, there is a cautious attempt to rise, which potentially represents the next wave 3 o

The pound has predictably declined, and the price has updated the local minimum. The formation of the correction in the form of a simple zigzag could be considered complete at this point. However, from a harmonic perspective, the size of the correction does not correlate well with the formed upwar

The dollar has finally managed to reach the target, which was set at the upper boundary of the presumed ending diagonal triangle. This might indicate the completion of the entire upward impulse cycle. However, it is too early to draw conclusions. Confirmation is needed in the form of a strong impu

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