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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
16 8月	Sell a break below 1.10350. Wave Analysis During the past few days, after breaking below the supportive line 1.11743, Euro continued to the lowerside and is still pretty much bearish. As long as the price remains below 1.11743, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is 多	Rebuy the cable from 1.21068. Wave Analysis Instead of continuing to the lowerside after breaking below 1.21068, the cable continued massively to the lowerside and is still very much bearish. Now that the price has pulled back to the upperside and closed above 1.21068, we expect nothing but a possible momentum to the upperside. 多	USDJPY. Look for buy positions towards 106.926. Wave Analysis After a massive bullish rejection seen earlier this week, the US Dollar is yet to give us any clear signals for continuing to the lowerside. As it is on the 4 hours chart attached, we're basically waiting for a possible momentum to the uppeside towards 106.926. The anticipated bullis 多
15 8月	Pick a sell upon a bounce from the upper trendline.	Look for long term sell orders,	Look for long term sell orders
14 8月	Buy a bounce from the supportive trendline.	Sell a bounce from 1.21071 towards 1.20305	Buy a bounce from the supportive trendline.
13 8月	Buy a bounce from 1.11743.	Resell the cable from 1.21068	Conservertive traders shouild wait for a resell from 105.800.
12 8月	Buy a break above the upper trendline.	Resell the cable from 1.20990	Resell the US Dollar from 105.800

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Elliott waves for Forex correlation analysis

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