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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
30 8月	Buy abounce from the supportive trendline Wave Analysis Euro is currently trading with an increasing bearish bias momentum. During the previous trading day, euro went perfectly as previously forecasted and is still pretty much bearish. As long as the price is contained within this range, we expect an acceleration to the lowerside but shoul 多	We're approaching a weekly support 1.20928 Wave Analysis The cable continues to correct itself to the lowerside but is still above 1.20928. This is a key weekly support and while the price is contained above it, we're patiently waiting for a bounce from it to pick a low risk buy order. And on the flipside, should the price breakout below 1. 多	Wait for a low risk sell from 106.716. Wave Analysis The US Dollar us still within the range we marked yesterday, we expected a possible momentum towards 106.716, this is exactly what is happening, this pair continues to rise intensely but should not go beyond 106.716. If there's a clear bounce from this resistance, then this will be a 多
29 8月	Look for long term sell positions towards 1.05900.	Buy a break above the previous week's highest high with your take profit at 1.24241.	Place a pending sell limit order around 106.716
28 8月	Sell a break below the supportive trendline towards 1.10555.	Expect a possible momentum towards the supportive trendline.	Expect a possible rally towards 106.716
27 8月	Expect further momentum to the lowerside.	Sell the cable from either 1.24241 or wait and buy a bounce from 1.20928.	Look for sell orders towards 104.810.
26 8月	Look for long term sell orders from the upper trendline	Sell the cable from 1.24241.	Wait for a retracement towards 106.940 to pick a sell.

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Elliott waves for Forex correlation analysis

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