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 current parity of waves assumes very many variants of a counting. One of possible variants it is presented in drawing. Probably, by the given moment the wave [i] or [a] of A is generated. If the assumption is true, it is possible to expect growth of pair within the limits of formation of a correctional wave [ii] or [b] of A. It is clear, that about the form of prospective correction now to speak early, it is necessary to wait for helps in the form of formations at smaller wave levels, but it will be possible a deep Zigzag.
2. Currency pair EUR/USD.
The current parity of waves assumes very many variants of a counting. One of possible variants it is presented in drawing. Probably, by the given moment the wave [i] or [a] of A is generated. If the assumption is true, it is possible to expect falling of pair within the limits of formation of a correctional wave [ii] or [b] of A. It is clear, that about the form of prospective correction now to speak early, it is necessary to wait for helps in the form of formations at smaller wave levels, but it will be possible a deep Zigzag.
3. Currency pair GBP/USD.
The cable while remains within the limits of the forecast. The wave (a) of [ii] in which frameworks is presumably formed the wave b of (a) is generated. If the assumption is true, it is possible to expect falling of pair as an impulse or a Diagonal Triangle with of (a).
4. Currency pair USD/JPY.
The price has closely come nearer to conditional critical level that compels to modify a local counting. Probably Diagonal Triangle with of (ii) just now finishes the formation. If the assumption is true, after formation of a wave [5] of with of (ii) it is necessary to expect a pair turn upwards as wave formation (iii) 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.
