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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
23 8月	Look for sell positions from 1.10820 towards 1.10570. Wave Analysis During the previous trading day, euro declined significantly and even went below the contracting wedge formation. As long as the price remains below this shape formation, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuati 多	Wait to rebuy the cable upon a bounce from the upper trendline. Wave Analysis During the previous trading day, the cable could not be contained by the rising wedge formation. The pair rose intensely to the upperside and is still very much bullish both on the daily and weekly charts. As long as the price remains above the wedge formation, we expect nothing but 多	Wait for a break above the upper trendline to pick a buy position. Wave Analysis The US Dollar is correctly consolidating in between the contracting triangular formation. A\|s long as the price remains within this shape formation, we choose to remain on the sidelines. As it is on the 4 hours chart, we're waiting for either a break above the upper trendline to buy 多
22 8月	Waiting for a sell signal from 1.11067.	GBPUSD. We're waiting for a possible sell from the upper trendline towards 1.20390.	Wait for a bounce from the upper trendline to pick a sell order.
21 8月	Look for sell orders towards the supportive trendline.	Expect a possible momentum towards 1.20244.	Wait for a resell from 107.085.
20 8月	Expect further momentum to the lowerside	Look for sell positions towards 1.20244.	Look for buy orders towards 107.085.
19 8月	Look for long term sell orders	Look for low risk sell orders towards 1.20244.	Look for buy orders towards 107.085.

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Elliott waves for Forex correlation analysis

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