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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
07 7月	A long a monthly sell zone Wave Analysis: During the previous month, instead of going short around 1.1248, euro continued rising and is currently around a key monthly sell level 1.1480. We expect a possible rebound from this level to short this pair. The anticipated short position is the continuation of the impulsive wave (5 多	Bull gaining control Wave Analysis: Perfectly as previously forecasted, the corrective wave (b) ended a bit earlier and could not extend below the short term support level 1.2910. We expect the level 1.2910 to have marked the end of this correction that the current upward rally is the continuation of the impulsive wave 多	Bull dominating Wave Analysis: Perfectly as previously anticipated, earlier today, following the minor correction of the impulsive wave (v), this impulsive wave (v) extended higher but is yet to hit our target take profit. During this intraday, we still expect a possible extension of this impulsive wave to the upp 多
06 7月	Expect a decline with a target at 1.1280.	Possible Bullish pin bar	Indecision candle
05 7月	Watch for a possible rebound from 1.1280	Further corrections	Bulls still in Control
04 7月	Corrections	Corrections	Bullish with an ideal target at 114.91
03 7月	Expect correction anytime	Bullish pin bar on the daily chart	We're long towards 115.00

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Elliott waves for Forex correlation analysis

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