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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

2023 EURUSD GBPUSD USDJPY
22
9月

EURUSD is still very bearish. From the chart above, we can see that the price is currently dropping impulsively to the downside. The price has been rejected at a major resistance zone, specifically at 1.0762, just as we expected. We anticipate the price to continue its descent, at least down to 1.0

GBPUSD has completed the 'V', major waves pattern, with the price currently at the major impulsive wave 'V' at '1.2256'. We expect the price to move to the upside impulsively in the form of a corrective 'ABC' pattern. You can place a long position at '1.2310', with your profit target at the resist

USDJPY remains bullish, although the price has impulsively broken above the resistance zone at 147.86 and, as we can see, it has retested this zone. We expect this pair to remain bullish. The market is in an impulsive phase and is currently forming the impulsive major outer wave 'V,' which is our t

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