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.
Presumably wave formation iv of (v) proceeds. Probably, it will become a certain Corrective Combination. If the assumption, truly after its termination it is possible to count on continuation of strengthening of US dollar.
2. Currency pair EUR/USD.
Presumably wave formation iv of (v) proceeds. Probably, it will become a certain Corrective Combination. If the assumption, truly after its termination it is possible to count on continuation of strengthening of US dollar. (eur usd downwards).
3. Currency pair GBP/USD.
The cable synchronously with European currency steams forms correction [4] of v of (c). If the assumption, truly after its termination it is possible to count on continuation of a descending trend as an impulse or a Diagonal Triangle v of (c).
4. Currency pair USD/JPY.
Presumably within the limits of wave formation (y) of [x] of 5 the wave b of (y) is formed. If the assumption, truly after the termination of formation of a wave b of (y) it is possible to expect local growth of pair as formation of an impulse or a Diagonal Triangle with of (y). However it is necessary to notice, that it not a unique variant of a counting of the given site and ambiguity degree in the given knot it is high enough. Therefore wishing to beat the given situation it is necessary to be extremely cautious. (Look alternative in the bottom part of drawing).
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.
