Notes
1. The Wave Analysis it for today the most flexible, powerful and perspective tool which allows to predict tendencies which lead to certain changes on financial charts on all time pieces.
2. One of properties of this tool is its insufficient formalisation, proceeding from it the opinion of the author of the forecast made on the basis of the Wave Analysis always is subjective.
3. As the wave picture constantly varies, the forecast on the basis of the Wave Analysis reflects opinion of the author at the moment of the forecast publication.
4. The Wave Analysis is not trading system. It not the generator of signals on the conclusion or an exit from the transaction, therefore the schematical direction of movement of the price put on the chart should not be for the trader the guide to action on opening of positions.
5. In case of formation in the market of conditions which, according to the author it is possible to use for drawing up of the trading plan - on a chart levels of acknowledgement of the chosen scenario, optimum areas of an input and levels of cancellation of the chosen scenario will be specified in addition.
1. Currency pair USD/CHF.
The wave [iv] of 5 of (A) is presumably generated and now the impulse or a Diagonal Triangle [v] of 5 of (A), a wave (ii) of [v] which in the course of formation is formed. However while it only the assumption which demands the acknowledgement. It is not excluded that the next part of a wave [iv] of 5 as a part of Corrective Combination of the senior level is formed.
2. Currency pair EUR/USD.
The Euro, as well as is in most cases true to the brother to the twin. The wave [iv] of 5 of (A) is presumably generated and now the impulse or a Diagonal Triangle [v] of 5 of (A), a wave (ii) of [v] which in the course of formation is formed. However while it only the assumption which demands the acknowledgement. It is not excluded that the next part of a wave [iv] of 5 as a part of Corrective Combination of the senior level is formed.
3. Currency pair GBP/USD.
The wave (i) of [c] within the limits of formation of wave B of (B) is presumably generated. If the assumption, truly after end of a correctional wave (ii) of [c] ascending movement to proceed the long positions placed on the basis of this assumption will have rather quite good prospects.
4. Currency pair USD/JPY.
Probably, the Yen has started formation of the second part (y) of [ii] a double (threefold) Zigzag of a wave [ii] of 3. If the assumption, truly in short-term prospect it is possible to expect ascending movement of pair.
Igor Pak.
Analyst of company Admiral Markets.
igor.pak@forextrade.ee
At any use of the analytical material taken from a site of company Admiral Markets, and the secondary publication on any other resources, the rights to intellectual property for a dealing centre «Admiral Markets», the reference to a company site is obligatory.
