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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
31 1月	Sell euro towards 1.08295. Wave Analysis Despite the previous forecast that this pair could continue to the lower side, euro pulled back to the upper side but is still pretty much bearish both on the daily and on the weekly charts. As long as the price remains below the Alligator indicator attached, we expect a possible mome 多	Remain long with your target around 1.32794. Wave Analysis Just as previously forecasted, the cable moved significantly to the upper side after bouncing from the supportive zone 1.29869-1.30168, we expect further momentum to the upper side and should break above 1.31360 towards 1.32798. The anticipated bullish price rally is the continuation 多	wait Wave Analysis During the previous trading, the US Dollar bounced off from 108.580, we expect this bounce to be the end to the impulsive wave (5) that the current Bullish price rally is the continuation of a corrective three wave cycle and could see the price break above the previous day's highest 多
30 1月	Sell this pair with your take profit at 1.08295.	Wait for a buy from within the zone 1.29869-1.30168 with your take profit at 1.32794.	Sell the US dollar towards 108.790.
29 1月	Remain short with an ultimate target around 1.8590.	Wait for a buy from 1.29869 with your take profit at 1.32794.	Remain long for a short term with your take profit at 109.813.
28 1月	Remain short with an ideal target at 1.08590.	Wait for a buy from 1.29869-1.30168.	Remain short with your take profit at 108.495.
27 1月	Remain short with an ideal targer around 1.08315.	Wait for a bounce from 1.30169-1.29869 to pick a long term buy position towards 1.32794.	Sell the US dollar towards 105.21.

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Elliott waves for Forex correlation analysis

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