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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

2024 EURUSD GBPUSD USDJPY
05
4月

The beginning of the past trading day, as expected, remained in favor of the euro. The price continued to rise and updated the local maximum, completing the formation of the first part of the correction, presumably taking the form of a simple zigzag. This was followed by a movement in the opposite

The trading pair in question has chosen not to invent anything new, continuing to realize a scenario similar to what we observe with the EUR/USD pair. At the moment, it is likely that a correction within the forming zigzag, which is wave [b], is taking place. This may take some time, and most like

The price has been struggling against the resistance level for a long time and cannot overcome it. The movement has almost formed a straight horizontal line along the level, but this cannot continue for long. Eventually, the forces of one of the opposing sides will deplete. And now, there is an a

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4月
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