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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
04 9月	Buy a bounce from around 1.17630. Wave Analysis On this chart, we are looking for a buy position as long as the price is held above the supportive trendline. If the price bounces of from this support, then this will be a food place to look for low risk buy position. An in case of a breakout below the supportive trendline, then furt 多	Look for sell positions towards 1.16310. Wave Analysis On this chart, we are seeing signs that the price may successfully close below 1.33342. If the current week's candle can successfully close below 1.33342, then this will be a good place to consider long term sell positions towards 1.27830. And this will be a good place to consider loo 多	Look for sell positions towards 105.00. Wave Analysis Nothing mush appears to be happening on this pair, we are still seeing a possible chance that the price may continue much lower. As it is now, we are looking for low risk sell position towards the previous week's opening price. My recommendations is that conservative traders should l 多
03 9月	Buy a bounce from the supportive trendline.	We're sellers as long as the price remains below 1.33342.	Expect sellers to come in anytime
02 9月	Wait for a buy from the inner supportive trendline towards 1.20100.	The level 1.33342 is a significant weekly resistance level	Look for sell positions.
01 9月	Remain long	Remain long towards 1.424.	Rebuy the Us dollar from the lower trendline.
31 8月	Remain long towards the upper trendline.	Remain long towards 1.35.	Remain on the sidelines.

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Elliott waves for Forex correlation analysis

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