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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
18 1月	Still short towards 1.0621. Wave Analysis For the better parts of this week, euro has been on the loosing end against the US Dollar, as long as the price remains below 1.1450, we're still within our sellers territory. Therefore, we'll expect a possible steep decline towards 1.0621. The anticipated bearish price rally is the c 多	We're long towards 1.3132. Wave Analysis Perfectibility as we forecasted during the previous trading day, euro spiked higher and is still pretty much bullish both on the weekly and the daily charts. As long as the price remains above the upper trendline, we expect a possible steep rise towards the level 1.3132. As we mention 多	Flat Wave Analysis: The US Dollar is still trading within the contracting wedge formation. As long as this wedge is not violated to the upperside or to the lowerside with a big candle, we choose to remain flat. Basically, we're waiting for a break above the upper trendline to pick a long term long posit 多
17 1月	Look for a long term short position below 1.12000 with an ultimate target at 1.0621	if you're not long already, wait for a possible correction to pick a long term buy position towards 1.3136.	Flat
16 1月	Expect a possible plunge towards 1.0521.	Look for buy positions now towards 1.31	Wait
15 1月	Wait for a possible sell around 1.15716.	wait for a pullback to pick a buy position towards 1.31358.	Resell the US Dollar from 108.74 with your take profit at 104.850.
14 1月	We're looking for a sell from the previous week's highest high.	Wait, but expect a possible move towards 1.30616.	Wait

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Elliott waves for Forex correlation analysis

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