1. To date, Wave Analysis - is the most flexible, powerful and promising tool, which allows for all time intervals to predict the trends that lead to certain changes in the financial schedules
2. One of the properties of this tool is its lack of formalization, on the basis of which, the opinion of the author of this forecast, made on the basis of the Wave Analysis, is always subjective.
3. Since the wave pattern is constantly changing, the forecast based on Wave Analysis reflects the opinion of the author at the time of publication of the forecast.
4. Wave Analysis is not a trading system. This is not a signal generator to enter into or exit from the transaction, thus inflicted on a schematic chart the direction of price movement should not be a trader guide to action for opening positions.
5. In the case of the formation of market conditions, which, according to the author can use to draw up a trading plan, the chart will be further specified levels confirm the scenario, the optimal levels of inputs and the abolition of the selected scenario.
1. Currency pair USD/CHF.
Most likely, the price preferred the alternative scenario of the succession of events which probability of realization has been noted in the last report. Presumably, the impulse iii within the limits of formation of wave (iii) of [a] is formed. If the assumption is true, growth of the price proceeds and is to use sense it for placing of long positions, identifying corrections of smaller level.
2. Currency pair EUR/USD.
The descending movement of the price which have begun in the end of last session, forces to change sight at counting of formed impulse [a] of 2. Presumably, the wave iii within the limits of formation of impulse (v) of [a] develops. If the assumption is true, while, it is possible to count on continuation of decrease in pair without considerable corrections.
3. Currency pair GBP/USD.
It is obvious, that the price chose alternative variant of counting in which frameworks the wave iii impulse (iii) of [a] is formed. If it so it is possible to count on continuation of decrease in pair without deep corrections.
4. Currency pair USD/JPY.
On Tuesday the price continued growth, obviously breaking geometry of prospective Expanded Flat of wave [ii] of 1. This circumstance forces to pass in to alternative variant. Presumably, the wave (iii) of [iii] is formed. On Figure the possible variant of her development is presented. If the assumption is true, while it is possible to expect continuation of growth of pair without deep corrections.
Analyst of company Admiral Markets.
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