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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
20 10月	We're buyers for now EURUSD is currently in a bullish corrective phase, with the market following the ABC corrective pattern. Although the price has formed a minor rising wedge, we expect it to drop, reaching at least 1.0506 before reversing to the upside impulsively. Our target lies at the resistance zone of 1.0742. I 多	We're sellers for now GBPUSD is still in a bearish trend. This pair is currently in an impulsive phase. The market remains within a bearish flag pattern, indicating the potential for further downward movement, possibly down to the support zone at 1.2071. The price is following a bearish impulsive phase referred to as t 多	We're buyers for now USDJPY is currently in a very bullish trend, and the price is following an impulsive phase known as the V-wave pattern. The price is steadily rising and approaching our target for the outer major impulsive wave 'V,' with the target set at the resistance zone of 151.89. You can consider entering a l 多
19 10月	We're long for now	We're sellers for now	We're buyers for now
18 10月	We're watching for a bullish rally.	We're short for now	We're watching for a pullback to pick a low risk buy position.
17 10月	We're short for now	We're waiting for buy positions for now	We're short for now
16 10月	We're buyers for now	We're short for now	We're waiting for a pullback towards 147.83 towards 151.10

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Elliott waves for Forex correlation analysis

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