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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
24 8月	Only buy a break above 1.1607 Wave Analysis Two weeks ago, the was an attempt break below 1.1460. We are waiting a rise above 1.1605 to confirm further a possible rally to the upper side. But according to the weekly chart attached, as long as the price remains below 1.1605, we expect a possible momentum to the lower side, the a 多	we're short Wave Analysis Few days ago, the corrective wave (4) headed significantly to the upper side but could not go above 1.2960, we expected a momentum towards this level then a rebound to pick a short position, however, at the moment, the rebound from 1.29 seems to have marked an end to the corrective wa 多	look for a short position. Wave Analysis For some few days now, the corrective three wave cycle has remained confined within the falling channel formation and is not showing any signs of breaking out of it. As long as the price remains within the falling channel formation, we expect a possible momentum to the lower side. The 多
23 8月	We're looking for a rebuy from 1.1513	Waiting for a bounce from 1.2977	Short below 107.82
22 8月	Rebuy euro around 1.1513	we're short from 1.2977	we're short
21 8月	we're long towards 1.1795	We're short from 1.2977	we're short towards 108.52
20 8月	We’re short	Still short	Only sell a breakout below 110.36

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Elliott waves for Forex correlation analysis

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