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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
09 9月	Expect a possible rally to the upperside Wave analysis: Unfortunately, our stop got hit when the pair ended up above 1.1268, following the breakout above the resistance level 1.1252, we expect an acceleration to the upper side but should not go beyond 1.1335, in the meantime, we sit on the sidelines and wait for retracements to the ju 多	Still waitingfor low risk buy opportunity Wave Analysis: Following our previous analysis, nothing has changed much, we are still wait for a clear rebound from the immediate trend line to give us a low risk buy opportunities. Ideally, the anticipated upward rally should be the unfolding of the impulsive wave (c) and should not go beyond 多	Expect an acceleration to the upper side Wave Analysis Unfortunately, our stop got hit when the pair broke above a key supply level 101.92, we expect the just broken supply level to act as a demand level to the current downward rally. Thus, instead of going short, we sit on the sidelines and wait for a clear rebound from 101.92 to go l 多
08 9月	Declining upward momentum	Wait for low risk buy opportunity	Expect a momentum to the lowerside
07 9月	Euro to trade on the higher ranges	Wait For corrections to go long	Expect usd/jpy to trade on the lower ranges.
06 9月	Pin bar on the daily chart	Expect a correction to the lowerside	Expect a rally to the upperside.
05 9月	Expect Euro to trade on the lower ranges	Expect rally to the upperside.	Buy USD/JPY alongside NZD/JPY

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Elliott waves for Forex correlation analysis

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