There can be different degrees of correlations between two currency pairs in different timeframes. Which one you'd consider depends, of course, upon the timeframe you intend to work with. But correlation coefficients could be misleading. A better ...
Wolfe Waves are not part of my regular repertoire of analytical tools. A few years ago I had done extensive work on them and had loads of saved charts. This one, for instance, on EURUSD weekly chart took about a year from start to finish. image ...
Per the rules, point 4 is the highest high or lowest low between points 3 and 5. Thus the target line drawn on your EURUSD chart is incorrect. Actually it is a failed Wolfe Wave as the target was never reached. image Though right after this one, ...