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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
29 5月	Remain long towards 1.1245. Wave Analysis During the previous trading day, both the impulsive waves (5) and (v) continued to the upper side and is still pretty much bullish both on the daily and on the weekly charts. While the Green ADXline remains above the Red line, we expect further momentum to the upper side and should b 多	Look for sell orders towards the lower trendline. Wave Analysis During the previous trading day, the impulsive wave (E) continued to the upperside but could not break above the upper trendline, we are waiting for a bounce from the upper trendline to mark an end to the impulsive wave (E) and the beginning of a correction to the lower side but shou 多	Remain short towards 106.00. Wave Analysis The Us Dollar is currently in an active downtrend. While the price is held below 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 (5) to the lower side and shou 多
28 5月	Buy a break above the previous day's highest high.	Look for low risk sell positions towards 1.20360.	Remain long towards 110.00.
27 5月	Wait for a resell from 1.09875 with your take profit at 1.0775.	Wait	Waiting for a break below 107.685 towards 106.065.
26 5月	Remain long towards 1.09875.	Wait for a pullback to pick a buy position.	Remain long towards 106.060.
25 5月	Remain short towards 1.07.	Wait	Remain short towads the lower trendline.

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Elliott waves for Forex correlation analysis

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