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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

2016	EURUSD	GBPUSD	USDJPY
28 10月	We're short Wave Analysis: As previously forecasted, Euro rose earlier yesterday, but ended up closing below its opening price. The previous day’s candle is an exhaustion candle around a key pivot level $1.0907. We expect this level to have marked the end of the corrective wave (4), that the current down 多	Bearish momentum developing Wave Analysis Following the exhaustion candle witnessed yesterday at noon on the 4Hour, the market fell relentlessly, broke below the channel and is still pretty much bearish. We expect to continue short for the better parts of this intraday but only after minor pullbacks to the just broken trendli 多	Bulls gaining momentum Wave Analysis As previously anticipated, the impulsive wave (3) traded long but is yet to reach our target resistance level $106.17. We expect the current downward rally to be a mere correction of the third wave and should not go beyond the end of the first motive wave, $104.86. ideally, we expect 多
27 10月	Sell from 1.0972	Bullish momentum developing	Remain long
26 10月	Expect a possible bearish price rally	A bearish breakout	We're long
25 10月	Indecision	We're long	Expect a possible bullish price movements towards $106.20
24 10月	Bearish Momentum Developing	Symmetrical trianglor formation	We're short

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Elliott waves for Forex correlation analysis

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