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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

Support and resistance system should only be used in a higher timeframe chart, like one hour and above. This is necessary because at such a higher time frame, brokers cannot manipulate the price to my disadvantage.

How I draw strong support and Resistance

Before I call a level strong, the same level must met the following conditions.

  1. Must have been used as a support before.
  2. Must have been used as a resistance before.
  3. There must be a big candle that broke through it at one point in the past!

Again, when drawing my support and resistance levels, I use a range, not a single line, this is because price tends to test particular level before retrieving, range caters for these levels.

2023 EURUSD GBPUSD USDJPY
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9月

EURUSD is presently experiencing a bullish corrective phase, with the market forming the ABC corrective pattern. Based on the current chart, it's evident that the price is shaping the minor corrective wave 'a,' with our target set at the resistance zone of 1.0742. We anticipate the price to rise, t

GBPUSD is currently exhibiting strong bullish momentum. This pair is in a corrective phase following the ABC corrective pattern. Presently, the price is forming the corrective wave 'a'. We anticipate the price to rise, targeting at least the resistance zone at 1.2479 for the minor wave 'a'. If you

USDJPY continues to exhibit a bullish trend, with the price nearing completion of the most outer major impulsive wave 'V,' targeting the resistance zone at (150.08). The market is currently in an impulsive phase (impulsive V-wave pattern) and forming the major outer wave 'V,' with our target set at

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