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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
23 11月	Buy Euro towards 1.1528. Wave Analysis During the previous trading day, euro pulled back upwards but is still below 1.1528, As we mentioned during the previous trading day, as long as the price remains below 1.1528, we expect nothing but a possible momentum to the lower side. According to the daily chart above, we expect a 多	Rebuy gbp from 1.2768 towards 1.3301. Wave Analysis Perfectly as previously forecasted, the cable bounced off from the daily support level 1.2768 and is still pretty much above this level, as long as the price remains above it, we expect a possible rally to the upper side but should go beyond 1.3301. And on the flip side, should the pr 多	Resell the US Dollar from 113.00 towards the supportive trendline. Wave Analysis During the previous trading day, the US Dollar failed to break above 113.25, and has now stated rallying to the lowerside. We expect the rebound from 113.00 to have marked an end to the corrective wave (b) that the current movements to the lowerside is the continuation of the impulsiv 多
22 11月	Resell Euro from 1.1526.	Watch the level 1.2768 for a possible buy position.	We're short from 113.10 towards 111.30.
21 11月	Resell Euro from 1.1425 with your take profit at 1.1230.	Only sell a clear break below 1.2768 with your take profit at 1.2135.	Sell the Us Dollar now towards 111.85
20 11月	We're long.	We're could head upwards towards the resistance trendline.	We're short from 112.66-112.63.
19 11月	We're long temporarily.	We're short.	Wait for a possible buy from 114.15.

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Elliott waves for Forex correlation analysis

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