Elliott waves for Forex correlation analysis

The market seems to be entering a somewhat hysterical state, experiencing strong fluctuations in different directions. Such behavior is characteristic of corrective structures. Presumably, the current movement will continue as a correction driven by the formation of wave ii. It is possible that it

The price continues to trade within the previously established price range. During the last trading day, after reaching the lower boundary of the sideways movement, the price sharply reversed upwards, almost instantly returning to the local maximum. Further, a continuation of the slight upward mov

After breaking the designated level, which serves as a signal to initiate selling positions, the price attempted to quickly reverse back, but this plan by buyers failed. Eventually, the price remained below the level, starting to consolidate at new values. Consequently, the probability of further