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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
11 9月	Look for sell positions towards 1.10770. Wave Analysis During the previous trading day, Euro closed as a perfect bearish pin bar below the supportive trend line. As long as the price remains below the supportive trendline, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation 多	Wait for a correction to pick a low risk sell position. Wave Analysis During the previous trading day, the British pound continued to the lowerside and is still pretty much bearish both on then daily and on the weekly charts. On this chart, we are waiting for a clear bounce from the level 1.30200 to pick a possible long term sell position. The anticipa 多	Wait Wave Analysis Currently, the Us Dollar is consolidating in an upward manner. As it is now, we are waiting for a clear bounce from the upper trendline to pick a low risk sell position towards 106.023. If the price breaks and closes above the upper trendline, then we expect further momentum to the u 多
10 9月	Look for low risk sell positions towards 1.16795.	Wait for a sell from around 1.30490.	Sell a bounce from the upper trendline towards 104.200.
09 9月	Remain short.	Remain short.	Sell a rebound from around the upper trendline.
08 9月	Expect further momentum to the lowerside.	Remain short	Sell a rebound from 61.8% fib level.
07 9月	Look for sell positions	Wait	Look for sell position from the upper trendline

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Elliott waves for Forex correlation analysis

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