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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
06 11月	EURUSD within a descending flag formation Wave Analysis Euro continues to consolidate within the descending flag formation and is currently around the upper trendline. Few days ago, the price go rejected from the supportive horizontal line 1.16329, we expect this rejection to have marked an end to the last impulsive wave (c), that the cur 多	Look for buy positions now towards 1.31680. Wave Analysis Yesterday, the British pound surged significantly to the upper side and even went above 1.31210, now that the price has pulled back to the same place, we're considering low risk buy positions with our targets set around 1.31525 and could breakout much higher towards 1.31680. If the p 多	Remain short with your target at 102.00. Wave Analysis The Us Dollar is currently in an active down trend. While the price remains below the three lines of the Alligator indicator attached, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of the impulsive wave (v) to the 多
05 11月	Wait	sell a rejection from 1.30404 towards 1.29381.	Remain short towards 104.087.
04 11月	Look for sell positions towards the lower trendline.	Wait	Look for sell positions towards the lower trendline.
03 11月	Wait for a sell from around 1.17192	Remain short with an ultimate target around 1.28385.	Wait and buy a rebound from the lower trendline towards 104.875.
02 11月	Remain short	Wait	Remain long towards 104.961.

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Elliott waves for Forex correlation analysis

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