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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
07 4月	We're buyers for now EURUSD is still very bullish since the beginning of this week, the market is in a corrective phase which is the ABC corrective pattern. As we can see from the chart above, the market has formed a descending channel which is a bullish continuation pattern, from minor corrective wave "A",1.1029 to mi 多	We're buyers for now GBPUSD has been bullish since the beginning of this week. The market is currently in a corrective phase, following an ABC corrective pattern. As we can see on the chart above, the market has formed a continuation pattern known as an expanding channel, from minor corrective wave "A" at 1.2 多	We're short USDJPY is still very bearish. The market is forming the 5 major impulsive waves pattern. As we can see on the chart above the market formed an ascending channel(A bearish reversal pattern) from 129.63 to 133.65. Currently, the price is at a major zone /resistance, if we check on the lower timeframe 多
06 4月	We're long	We're sellers	We're short
05 4月	We're buyers	We're buyers for now.	We're sellers for now
04 4月	Hold onto sell positions towards 1.0393	We're sellers for now	We're sellers towards 127.36
03 4月	We're short with our target at 1.0393	Short temporarily	Short for now

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Elliott waves for Forex correlation analysis

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