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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

2017	EURUSD	GBPUSD	USDJPY
22 12月	Still short Wave Analysis: During the previous trading day, little movements was seen towards the lower side. We still expect further bearish momentum to the lower side with our first target still set at 1.1673 and the next target at 1.1120. The anticipated bearish price rally is merely the continuation of the 多	We're long towards 1.4365 Wave Analysis: During the previous trading day, the cable opened at, 1.3375, went as high as 1.3386 and as low as 1.3330 but ended up closing at 1.3384, just 9 pips above it's opening price. This is a possible bulls domination indication. As long as we're above yesterday's opening price,. we expect 多	Looking for a possible sell position Wave Analysis: On the daily chart above, the US Dollar is currently being resisted by the upper trend line. As long as the price is contained below this trend line, we expect a possible rebound to short this pair with an ultimate target along the lower trend line. If the upper trend line is violate 多
21 12月	Possible sell candle	Still correcting itself downwards	Remain long but not for long
20 12月	Correction mode	Remain long with the first target at 1.3483	On the sidelines
19 12月	Expect a possible bearish price rally towards 1.1673	Bulls will soon take full control	Expect a possible bearish price rally towards 108
18 12月	We're short with the first target at 1.1682	Flat but wait for a possible buy around 1.3279	Expect a possible bearish price rally towards 111.09

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Elliott waves for Forex correlation analysis

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