Elliott waves for Forex correlation analysis

As expected, the price, under bearish pressure, fell again, updating the local minimum. But there was no strong movement, minor efforts were required for this operation. Perhaps this way, the development of the downward impulse on the smaller time frame has been completed. Then, in the near future

The situation on the considered pair also suggested the possibility of further decline with an update of the local minimum. The price really dropped, but the movement was quite noticeable, and in the near future, we are unlikely to see any reaction from buyers. It is more likely that the price wil

The situation changed slightly during the past trading day. After a successful attack, buyers stopped, not giving their opponents the opportunity to use this pause. As a result, the course froze at a certain price level. Now, after resting a bit, buyers are likely to start forcing events again, wh