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Elliott waves for Forex correlation analysis

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.

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Elliott waves for Forex correlation analysis

2020	EURUSD	GBPUSD	USDJPY
27 11月	Buy a break aboven the upper trendline. Wave Analysis Yesterday, Euro bounced off from the upper trendline and is not showing signs of breaking above the upper trendline. If the price breaks and closes above the upper trendline, then this will be a good place to consider a possible long term buy position with an ultimate target set arou 多	Wait and buy a break above 1.33957. Wave analysis The British pound continues to rally above the blue line of the alligator indicator. As long as the price remains above this blue line, we expect a possible continuation of the impulsive wave (5) to the upperside and should breakout above 1.34085 towards 1.35 or even higher. On the f 多	Buy a bounce from the lower trendline. Wave Analysis During the previous trading day, instead of continuing to the upperside, the Us dollar rallied to the lowerside but is still above the lower trendline. If the price breaks and closes below the lower trendline, then further momentum to the lowerside is expected, however, should the pr 多
26 11月	Look for long term buy positions towards 1.2012.	Remain long towards 1.3454.	Look for long term buy positions towards the upper trendline.
25 11月	Watch for a possible sell positions from the zone 1.19334-1.18875 towards 1.16310.	Look for possible sell positions towards the lower trendline.	Look for long term sell positions towards 102.720.
24 11月	Watch for a sell from around 1.19334.	Wait	Sell from 104.666 towards 100.550.
23 11月	Wait.	Look for long term buy positions.	Remain short towards 100.550.

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Elliott waves for Forex correlation analysis

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