Elliott waves for Forex correlation analysis

Earlier, there was a hypothesis that the decline would start slowing down, and the price would attempt to rise. And that's exactly what happened. Buyer activity began to increase, leading to a complete halt in the downward movement followed by an upward trend. And apparently, this is just the begi

The pound, managing to overcome pressure from the dollar, is attempting to rise. The upward movement may be inspired by the euro, which is currently preparing for growth, albeit corrective. Regarding the considered pair, the potential for upward movement seems insignificant, and it might be better

In the previously suggested analysis, there was an error. The earlier assumed Wave 2 turned out to be higher than the beginning of Wave 1, which is inconsistent. Now, let's consider the corrected version. Perhaps the beginning of the decline represents a converging initial diagonal triangle. It