Notes
1. To date, Wave Analysis - is the most flexible, powerful and promising tool, which allows for all time intervals to predict the trends that lead to certain changes in the financial schedules
2. One of the properties of this tool is its lack of formalisation, on the basis of which, the opinion of the author of this forecast, made on the basis of the Wave Analysis, is always subjective.
3. Since the wave pattern is constantly changing, the forecast based on Wave Analysis reflects the opinion of the author at the time of publication of the forecast.
4. Wave Analysis is not a trading system. This is not a signal generator to enter into or exit from the transaction, thus inflicted on a schematic chart the direction of price movement should not be a trader guide to action for opening positions.
5. In the case of the formation of market conditions, which, according to the author can use to draw up a trading plan, the chart will be further specified levels confirm the scenario, the optimal levels of inputs and the abolition of the selected scenario.сценария.
1. Currency pair USD/CHF.
While expectations have not changed. The wave (i) an impulse [c] of B is presumably generated. If the assumption is true, the price, not breaking critical level, will continue growth in Impulsive Style.
2. Currency pair EUR/USD.
Presumably, the wave (b) of [b] is formed. Probably, it will be a Flat or a certain Corrective Combination. If the assumption is true, after its termination it is necessary to expect short-term growth of pair as an impulse or a Diagonal Triangle (c) of [b].
3. Currency pair GBP/USD.
Presumably, the wave (b) of [b] is formed. Probably, it becomes a Flat in which frameworks the impulse with of (b), at present, develops. If the assumption is true, after its termination it is possible to expect short-term growth of pair as an impulse or a Diagonal Triangle (c) of [b].
4. Currency pair USD/JPY.
Probably, the wedge (i) of [a] was generated. If the assumption is true, after the termination of a correctional wave (ii) of [a] pair growth will proceed in Impulsive Style.
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.
