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.
The wave an of (c) of [iv] is presumably formed. Probably, it will take the form of an impulse, and the wave () of [iv] will accordingly be generated in the form of a simple Zigzag. However it is clear, that this assumption still demands the acknowledgement.
2. Currency pair EUR/USD.
The euro does not lag behind the Swiss and similarly forms a wave an of (c). Probably wave (c) of [iv] will take the form of a simple Zigzag, but this assumption still demands additional acknowledgement.
3. Currency pair GBP/USD.
The cable probably, has finished correction (iv) of [c] b which as a result has taken the form of a Double Three? If the assumption, truly at the given stage the impulse or a wave Diagonal Triangle (v) of [c] of A is presumably formed.
4. Currency pair USD/JPY.
The yen has presumably finished formation of a planned Diagonal Triangle v of (v) of [i]. And by the way, has made it in own, "author's" complete set. Well on that it and Yen. Nevertheless if the assumption is true, the first waves of correction [ii] of 3 of (C) probably are already formed.
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.
