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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
21 4月	Only go long above 1.0739 Wave Analysis: Yesterday, instead of going long as previously anticipated, the pair traded on the upper side and even hit the highs of 1.0777 but ended up below the short term resistance line 1.0739. Unless there's a clear close above this line, we choose to remain flat but just temporarily. Aclea 多	Expect a possible bullish price movements towards 1.3275 Wave Analysis: Earlier this week, the corrective wave (4) extended a bit higher than expected and is currently still above a key weekly resistance level 1.2683. As long as the price remain above this resistance level, we expect further corrective wave count to the upper side but should not go beyon 多	Corrective move Wave Analysis: The corrective wave (iv) continues to rally to the upper side despite our expectations to close around 109.03. As long as the price remains above 109.03, we expect further corrective rally to the upper side but should not go beyond 111.03 from where we'll be looking for low risk se 多
20 4月	We're still long	The cable showing signs of sustaing the break above 1.2693	We're short
19 4月	We're long	A spike above a weekly retracement level 1.2744	US Dollar still in a corrective mode.
18 4月	Only go short below 1.0503	Perfect zone for day traders to pick sell orders	US Dollar in a corrective mode
17 4月	Only go short below 1.0503	Into our sell zone 1.2741-1.2578	Expect pullbacks anytime

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Elliott waves for Forex correlation analysis

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