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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
17 8月	Remain short Wave Analysis Euro recently descended below a daily level 1.1512. Following this move, both the impulsive waves (v) and (c), stretched further to the lower side and are still showing signs that the bears are still in full control, we expect the current upward rally being seen to be a mere correctio 多	wait Wave Analysis Despite the previous week;s massive drop in the value of Great Britain against the Us Dollar, the cable is yet to show any serious move to the lowerside. Rather, the price is still rallying around a weekly support 1.29697. As long as this level protects the lowerside. We're expecting 多	As long as the price remains below 110.81, we expect a rally towards 108.65 Wave Analysis The US Dollar is below the 4 hour level 110.81. And as we stated few days ago, while the price is below this level, we expect a possible extension of the impulsive wave (c) to the lowerside and should breakout below 109.25 but should not go lower than 108.05. This view can only be inv 多
16 8月	On the sidelines	Sell The cable now	As long as the price is below 110.81, look for short position.
15 8月	still short	we're short	Wait and rebuy US Dollar around 111.04
14 8月	Expect further correction upwards.	Sell the cable below 1.2697.	We’re either looking for a short position, or on the sidelines.
13 8月	Wait for a clear buy signal	Sell a clear breakout below 1.27252.	Buy US Dollar now

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Elliott waves for Forex correlation analysis

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