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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

2023	EURUSD	GBPUSD	USDJPY
17 11月	We're looking for sell positions for now EURUSD is currently in an impulsive phase, with the price forming the impulsive major wave 'V.' Although the price is presently dropping, it appears to be a pullback triggered by the rejection at the resistance zone of 1.0881. Furthermore, the double rejection from the same zone, 1.0881, resulting 多	We're short for now On GBPUSD, the pair is currently in an impulsive phase, forming the outer major impulsive wave 'V.' Despite a slight pullback to the upside (1.2376-1.2456), the overall trend remains bearish. As observed in the chart above, the price is descending from major outer wave 'v,' and we anticipate it to 多	We're sellers for now USDJPY has been bearish for the majority of yesterday, specifically on November 15, 2023. This trend is more evident in the lower timeframe, particularly the 4-hour timeframe. The pair is currently in a corrective phase, with the price forming the minor wave 'a,' and our target for this minor wave 多
16 11月	We're waiting for a bearish correction to pick a low risk buy position	We're looking for low risk sell positions towards the lower trendline.	We're sellers for now
15 11月	Look for long positions for now	We're short for now	We're sellers
14 11月	We're waiting for a buy from 1.06295	We're buyers for now	wait
13 11月	Buy a break above 1.06837 towards 1.09760.	We're short for now	We're buyers for now

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Elliott waves for Forex correlation analysis

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