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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
15 12月	Bears still in Solid Control Wave Analysis: As previously anticipated, the impulsive wave (c) stretched slightly to the lower side and is still pretty much bearish both on the daily and the weekly charts. During this intraday, we expect a possible extension of the impulsive wave (c) to the lower side but should not go beyond t 多	Still Bullish Wave Analysis: During the previous trading day, we saw a slight extension of the impulsive wave (1) to the upper side but still below 1.3481. This pair has been making higher lows for almost a year now, and chances of rising higher are highly anticipated. With that is mind, today, we expect a possi 多	On the sidelines Wave Analysis: After the previous five wave cycle failing to break above 113.75, the US Dollar corrected itself downwards but is currently rallying around a key approaching a key support level 111.99. As long as this level is not violated to the lower side, we expect it to act as a key demand zone. 多
14 12月	Resell euro around 1.1861	Long	Look for a short position
13 12月	Expect a possible bearish price action towards 1.1673	Buy upon a rebound from 1.3302	Buyers should come in now
12 12月	We're short with the first target 1.1673	Expect further bearish correction.	Remain long with an ultimate target at 121.00
11 12月	Flat	Corrections	Long now with your target at 118.00

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Elliott waves for Forex correlation analysis

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