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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
29 9月	Possible end of a correction Wave Analysis: For the past six months, the corrective wave (4) continued to rally on the higher ranges but could not go beyond the resistance zone 1.19688-1.17872, if the current monthly candle can close the way it is, then we expect this to be an onset to the impulsive wave (5) to the lower side 多	Expect a possible bullish price rally towards 1.37. Wave Analysis: During the previous trading day, the cable closed above it's daily opening price of 1.3383, and is still showing signs of rallying even higher. We expect the level 1.3381, to have marked the end of the corrective wave (2) that the previous day's bullish price rally is the unfolding o 多	We're long with an ideal target at 114.00. Wave Analysis: During the previous trading day, instead of continuing long as anticipated, there was a slight correction of the impulsive wave (3) but should not continue short. As long as the price remain above 112.604, we expect a possible extension of the impulsive wave (3) to the upper side but 多
28 9月	Still further corrections	Buy the cable around 1.31803	We're long towards 114.00
27 9月	Still correcting	on the sidelines	Only buy in case the level 112.47 is clearly broken
26 9月	Corrections	Wait for a buy signal around 1.3434 to buy this pair towards 1.4853.	We're short towards 110.736
25 9月	Euro in a corrective phase	Corrections:	Corrections:

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Elliott waves for Forex correlation analysis

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