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 Structure 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 assumption of formation of a series of waves 1-2,1-2 as impulse A of (2) looks at present optimal. Probably, as wave formation [iii] of A, by the given moment the wave (iii) of [iii] of A is generated. If the assumption is true, after formation of a correctional wave (iv) of [iii], pair falling will proceed as impulse or Diagonal Triangle formation (v) of [iii].
2. Currency pair EUR/USD.
A series of ascending waves which are formed with the second week of June can be interpreted differently. In drawing one of possible variants of ascending movement is presented. The wave [iii] of A is presumably formed. Probably, by the given moment the wave (iii) of [iii] of A is generated. If the assumption is true, after formation of a correctional wave (iv) of [iii], pair growth will proceed as impulse or Diagonal Triangle formation (v) of [iii].
3. Currency pair GBP/USD.
The cable while is in forecast frameworks. The final phase of a wave (v) a wedge [i] of 1 - згзаг z of (v) is presumably formed. Probably, by the given moment, the wave [b] of z is generated. If the assumption is true, it is possible to count on continuation of growth of pair within the limits of impulse or Diagonal Triangle formation [C] of I of (v).
4. Currency pair USD/JPY.
Presumably the Zigzag (ii) of [c] in which frameworks the Diagonal Triangle with of (ii) is formed comes to the end. If the assumption is true, it is in short term possible to count on falling of pair as formation of a Zigzag [5] of c.
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.
