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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

Support and resistance system should only be used in a higher timeframe chart, like one hour and above. This is necessary because at such a higher time frame, brokers cannot manipulate the price to my disadvantage.

How I draw strong support and Resistance

Before I call a level strong, the same level must met the following conditions.

  1. Must have been used as a support before.
  2. Must have been used as a resistance before.
  3. There must be a big candle that broke through it at one point in the past!

Again, when drawing my support and resistance levels, I use a range, not a single line, this is because price tends to test particular level before retrieving, range caters for these levels.

2023 EURUSD GBPUSD USDJPY
01
6月

EURUSD is currently displaying a strong bullish trend. The market is still in a corrective phase, following the ABC corrective pattern. I anticipate an impulsive upward movement in the market, reaching at least our target for the minor wave "a" at 1.0810. Following this, I expect a slight downward

GBPUSD is moving exactly as we predicted in our analysis (31/5/2023). The market has formed a falling wedge pattern and experienced an upward impulse. This pair is still in a corrective phase, with the market currently forming the minor wave "c" targeting 1.2538. At present, the market is approachi

USDJPY is dropping nicely, in line with our previous analysis (31/5/2023). The market is still in the process of forming the minor wave "a" with our target remaining at 137.59. If you currently have a sell trade open, it is advisable to move your stop loss to breakeven. Additionally, if you haven'

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