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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

2019	EURUSD	GBPUSD	USDJPY
27 12月	Remain long towards 1.1200. Wave Analysis Earlier today, Euro rose tremendously and is still pretty much bullish both on the daily and on the weekly charts. As long as the price is contained above the lower supportive trend line, we expect nothing but a possible momentum to the upper side, the anticipated bullish price rally 多	Expect further bullish correction towards 1.3110. Wave Analysis After sharp decline, the cable established a support around 1.2930 and could not head any lower, we expect the bounce from 1.2930 to have marked an end to the impulsive wave (a), that the current bullish price rally is the continuation of the corrective wave (b) to the upper side but 多	Sell Us Dollar towards 108.40. Wave Analysis Just as previously forecasted, the impulsive wave (5) could not break above 109.60. We expect the bounce from 109.60 to have marked an end to the impulsive wave (5), that the current bearish price rally is the continuation of a corrective wave count and could see the price continue e 多
26 12月	Sell euro with your take profit at 1.0881.	Buy the cable from 1.2577.	Expect a possible momentum to the lower side.
24 12月	Sell Euro towards 1.0920.	Sell the cable after a correction towards 1.3018.	Flat
23 12月	Sell Euro with your first take profit at 1.0980 and the next at 1.0920.	On the sidelines	Flat

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Elliott waves for Forex correlation analysis

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