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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
01 5月	Remain long Wave Analysis During the previous trading day, both the impulsive waves (5) and (c) continuing to the upper side and are still pretty much bullish both on the daily and on the weekly charts, as long as the price remains above the upper trend line ,we expect nothing but a possible momentum to the u 多	Place a pending buy limit at 1.24965. Wave Analysis The Corrective wave (4) continues to move to the lower side despite the previous forecast that this pair could rally towards 1.26405. On this chart, we are waiting for a clear breakout above the previous day's high to confirm that we are upwards, or a correction towards 1.24965 to pi 多	Buy a bounce from 106.798. Wave Analysis Yesterday, instead of price continuing to the lower side as previously forecast, the price moved much higher and even hit our stops, we expect the price to continue to the upper side, that the current bearish price rally is the continuation of a correction to the lowerside and should 多
30 4月	Wait for a sell towards 1.08360.	Expect a possible bullish momentum towards 1.25185.	Wait for a sell from 107.040 with sl above 107.430 and take profit at 106.120.
29 4月	Sell a bounce from the upper trendline.	Wait for a rebound from 1.21650 to pick a buy position with your take profit at 1.33363.	Remain short.
28 4月	Wait	Remain short with your target at 1.21650, or wait and buy a rebound from 1.21650.	Sell a break below 107.130 with your take profit at 105.353.
27 4月	Remain short towards 1.07010.	Expect a possible momentum towards 1.21650.	Sell a sustained move below 107.130.

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Elliott waves for Forex correlation analysis

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