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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
13 12月	Buy Euro towards 1.1400. Wave Analysis Perfectly according to the previous day's forecast, the corrective three wave cycle pushed the price significantly to the upperside and even went above the upper trendline. As long as the price is contained above this trendline, we expect nothing but a possible momentum to the uppers 多	Wait for a correction to pick a buy. Wave Analysis During the previous trading day, the corrective wave (2) bounced off perfectly from 1.3012 and could not break any lower. We expect the previous day's rally to the upper side to be the continuation of the impulsive wave (3) to the upper side and could see price break beyond 1.3550. A 多	Buy the US Dollar towards 110.20. Wave Analysis Few day ago, the US Dollar failed to sustain the break below the supportive trendline, instead, after breaking below this trendline, the US Dollar barely remained below it and has now pulled back above it. As long as the price remains above this trendline, we expect nothing but a pos 多
12 12月	wait for a bounce from the upper trendline to pick a sell.	Buy the cable with your take profit at 1.335.	Sell the US Dollar with your take profit at 106.90.
11 12月	Wait	Wait for a buy from 1.3012.	Wait for a low risk sell order.
10 12月	Sell euro now with your stoploss above the previous day's highest high,	Wait for a rebound from 1.3012 to pick a buy.	Sell the US Dollar towards 106.50.
09 12月	Sell euro towards 1.1000.	Wait for a correction towards 1.3025 to buy the cable.	Sell USDJPY towards 107.75.

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Elliott waves for Forex correlation analysis

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