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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

2023	EURUSD	GBPUSD	USDJPY
26 5月	We're long The market has followed our previous analysis (dated 25/5/2023) as expected, completing the formation of the outer impulsive V wave pattern. Given that this impulsive phase was bearish, we anticipate the price to enter a corrective phase characterized by an ABC corrective pattern. Our projection is 多	We're long GBPUSD has completed the formation of the major (outer) impulsive V wave pattern. The current price is still at the level of the major impulsive wave V, specifically at 1.2306. With the impulsive phase concluded, we now anticipate the market to enter a bullish corrective phase, considering that th 多	We're long The movement of USDJPY continues to align precisely with our previous analysis (dated 25/5/2023). Since the beginning of this week, USDJPY has displayed a strong bullish momentum, and we anticipate this trend to persist for another day or two. At present, the market is still in the process of formi 多
25 5月	We're sellers	We're buyers for now	We're long
24 5月	Look for buy orders for now	We're buyers for now.	We're buyers for now
23 5月	Wait	We're looking for buy positions	We're long
22 5月	Short for now	We're short for now	We're short

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Elliott waves for Forex correlation analysis

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