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Волновой анализ

«The battle is won not by the one who gave a good advice, but by the one who tookresponsibility for its execution and ordered to execute it.»

Napoleon I (17969-1821),

French Emperor.

W1

On the daily chart of the pair, there's a version of marking of segment-{d} of NeoWave Reverse Alternation Triangle with basic cycle of optimization of market data for one week.

Previous week confirmed expectations of range movement in the final phase of [a]-wave and the variant of development of Double Combination examined in the express-release remains valid for planning sales in direction of [b]-wave. Thus, as it was marked in the previous weekly review, it is logical to expect that [b]-wave will be close to wave [a] in time or a little shorter, but its amplitude will not be less than 38.2%. Defense for short positions will be last week's high, which could not be broken before wave [a] is complete, according to the logics of express-release. Otherwise, it is required to review the marking with daily period of optimization of data.

EUR/USD-W1:

Work chart:


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