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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
29 11月	Sell a break below 1.0999. Wave Analysis On 27th of November, Euro bounced of from the 30 minutes support level 1.0999 and could not breakout lower. We expect this bounce to have marked an end to the impulsive wave 5 that the current bullish price rally is the continuation of a corrective three wave cycle and should not bre 多	Sell a bounce from the upper trendline. Wave Analysis Even after a momentum to the upper side, the cable still could not reach the upper trendline, other than this trendline, the next level is 1.2980. as long as the price remains below these two,. we expect further momentum to the upperside, and should the price breakout and close above 多	Wait Wave Analysis During the previous trading day, the impulsive wave (5) failed to breakout above the upper trendline, instead the pair corrected it self to the lowerside and is still showing signs of further corrections to the lowerside. We expect the current bearish price price rally to be a mere c 多
28 11月	Expect a possible bullish correction towards 1.1030.	Wait	Remain long towards 110.00.
27 11月	Wait for a break below 1.0996 to pick a sell.	Sell the cable with your take profit at 1.2700.	Buy the US Dollar with your take profit at 110.00.
26 11月	Sell a break below 1.0995.	Sell cable towards the 1.2770.	Buy US Dolar towards 109.75.
25 11月	Sell a break below 1.0995.	Sell GBPUSD towards 1.2770.	Buy Us Dollar with an ultimate target at 110.00.

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Elliott waves for Forex correlation analysis

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