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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

2018	EURUSD	GBPUSD	USDJPY
21 12月	Wait for a clear sell signal around 1.1480. Wave Analysis Euro is currently trading around 1.1471. We went short around 1.1450 as previously forecasted and is still holding on to this position. If the current week's candle can close below 1.1450, then we'll hold onto this short position with an ultimate target at 1.1160. The anticipated bear 多	You may sell the cable now and have your take profit at 1.21804. Wave Analysis The cable is currently trading around a key weekly level 1.26. This is a good sellers area and as long as the price remains below it, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the unfolding of an impulsive wave count to the low 多	Wait for a correction to pick short position Wave Analysis During the previous trading day, the US Dollar rallied further to the lower side and even closed below the supportive trendline and is still pretty much below this line, As we mentioned in our previous forecast, as long as the price remains below this level, we expect nothing but a po 多
20 12月	Sell Euro now with your take profit at 1.0435.	Resell the US Dollar from 1.2696 with your take profit at 1.21804.	wait
19 12月	Resell euro upon a pullback towards 1.1450 with your take profit at 1.0435.	Resell the cable from 1.2705 with your take profit at 1.21804.	We're looking for a buy position now.
18 12月	Resell Euro from 1.1450 with your take profit at 1.0435.	We're still short towards 1.21804.	Remain flat for now
17 12月	Remain short with your an ultimate take profit at 1.040.	Remain short with your take profit at 1.21804.	Buy a break above the flag formation towards 114.00.

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Elliott waves for Forex correlation analysis

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