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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
16 11月	We're short. Wave Analysis From the bears point of view, euro is is below a trendline indicator, the envelopes. As long as the price is below this indicator, we expect it to be a dynamic resistance. Thus, following last week's bearish pin bar, we expect nothing but a possible momentum to the lowerside with an u 多	We're short towards 1.27082. Wave Analysis The cable continues to plummet perfectly as we forecasted, and is still pretty much bearish both on the lower and higher time frames. Following the break below the short term support level 1.28115, we expect further stretch to the lowerside with an ultimate target at 1.27082. The anti 多	We're long. Wave Analysis During the previous trading day, the US Dollar continued on its way to the lowerside but failed to break below the dynamic support marked by the envelope indicator. As long as the price remains above this dynamic support we expect nothing but a possible momentum to the lowerside. The 多
15 11月	We're short from 1.13869.	We're short towards 1.27102.	We'll rebuy usdjpy from 112.895.
14 11月	We're short from 1.13400.	We're short.	We're long.
13 11月	We're short.	Wait for the current correction to end around 1.29330.	We're long from within 113.722-113.553.
12 11月	We're short	We're short towards 1.29	we're long

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Elliott waves for Forex correlation analysis

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