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 within the limits of wave formation (v) of [v] by the given moment the impulse i of (v) was generated, and the price has already started formation of a correctional wave ii of (v). Judging by Extension in the fifth ([5]) an impulse wave i of (v), it is possible to make the assumption, that the wave ii of (v) will take the form deeply го of an unary Zigzag. If the assumption to prove to be true, it is possible to hope for renewal of strengthening of US dollar as impulse or Diagonal Triangle formation (v) of [v] of A.
2. Currency pair EUR/USD.
Presumably within the limits of wave formation (v) of [v] by the given moment the impulse i of (v) was generated, and the price has already started formation of a correctional wave ii of (v). Judging by Extension in the fifth ([5]) an impulse wave i of (v), it is possible to make the assumption, that the wave ii of (v) will take the form deeply го of an unary Zigzag. If the assumption to prove to be true, it is possible to hope for renewal of strengthening of US dollar as impulse or Diagonal Triangle formation (v) of [v] of A.
3. Currency pair GBP/USD.
Obviously, the cable has chosen an alternative variant of development of a wave iv of (v). One of possible variants of a working counting assumes its development in the form of a simple Zigzag at which the impulse [C] of iv at present is formed. If the assumption, truly quite possibly, that after an impulse complete set [C] of iv the price will start impulse or Diagonal Triangle formation (v) of [v] of A.
4. Currency pair USD/JPY.
The yen while to be in forecast frameworks. Presumably the price has started formation of a correctional wave b of [y]. For утончения models which to is realised in quality b of [y] it can be necessary to wait formations at smaller level.
It would be desirable to give some words to alternative. The Impulse (in this case it is a question of a prospective impulse (of [y]), as is known, can not only begin model of the senior level, but also be last wave in model of the senior level. So it is not excluded, that a certain correctional model a sheaf of correction of higher level at present is finished - in case of crossing by critical level for the basic scenario this assumption will receive certain chances of success (look the alternative variant put on the chart of the senior a time of the frame). But while critical level is not overcome, I will adhere to the basic variant.
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.
