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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.

Elliott waves for Forex correlation analysis

2017 EURUSD GBPUSD USDJPY
14
7月

Wave Analysis: Few days ago, the impulsive wave (v) extended higher but could not go beyond the resistance level 1.1463. We expect the downward rally that began two days ago to be a mere corrective three wave cycle and should not go beyond the daily support level 1.08649 during this intraday. With

Wave Analysis We expected a possible bearish price rally towards the daily support level 1.2777 few days ago, but as it appears, the cable could barely hit this level, instead, it pulled back upwards and could extend further upwards during this trading day. This is just a corrective price rally and

Wave Analysis: Following the massive drop seen on 7th July this month, the pair failed to continue short and is still pulling back upwards. We expect the current upward rally to be the unfolding of the corrective wave (b) upwards but should not go beyond 114.09, from where we'll be looking to short

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