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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
02 6月	Wait for a breakout above 1.1237 Wave Analysis Instead of continuation long as previously forecasted, the impulsive wave (v) traded slightly to the upper side but could not break above the end of the third impulsive wave (iii), 1.1237. We're waiting for a clear breakout above 1.1237 to confirm the continuation of the impulsive w 多	we're still long Wave Analysis: Despite the bullish engulfing pin bar seen on May 31st 2017, yesterday's daily candle could not close above it's opening price. Instead this pair pullback slightly to the lower side and ended up closing just a few pips below its previous day's opening price. As long as the level 1. 多	Corrections Wave Analysis: The US dollar continues to correct to the upper side despite our expectation to continue short. We expect the previous day's bullish price rally to be a mere correction of the impulsive wave (c) and should not go beyond the daily resistance line 111.94 from where we'll be looking t 多
01 6月	Bulls in control	Bearish pullbacks despite the bullish engulfing pin bar on the daily chart	Bears in control
31 5月	Bullish pin bar	Consolidations	Bears in control
30 5月	Extended correction	Consolidations above 1.2777	We're short
29 5月	Corrections	Expect a halt around 1.2770	Bears in Control

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Elliott waves for Forex correlation analysis

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