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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.
Steady growth of US dollar has suggested an idea to recollect the scenario, s3z which was considered in December, 2009. The question stood in top identification (B) of [X], in the presented scenario it costs a little more to the left. This manipulation from my point of view allows to present all ascending movement since November, 26th, 2009 to harmonious enough impulse which formation comes to an end. If the assumption, truly the impulse (v) of [v] which complete set is at the moment formed finishes formation of wave A of (C).
2. Currency pair EUR/USD.
Steady growth of US dollar has suggested an idea to recollect the scenario, s3z which was considered in December, 2009. The question stood in top identification (B) of [X], in the presented scenario it costs a little more to the left. This manipulation from my point of view allows to present all descending movement, since November, 26th, 2009, to harmonious enough impulse which formation comes to an end. If the assumption, truly the impulse (v) of [v] which complete set is at the moment formed finishes formation of wave A of (C).
3. Currency pair GBP/USD.
The cable is presumably occupied impulse formation v of (c). One of possible variants of development of a local situation is put on the chart. If the assumption, truly that decrease in pair proceeds.
4. Currency pair USD/JPY.
The wave [x] of 5 which has become a simple Zigzag is presumably generated and already the wave (a) of [y] develops. If the assumption, truly, that after expected correction descending movement of pair proceeds.
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.
