Wega Trade



Wave analysis
 









Wave analysis

26 august, 10:58
Wave analysis of the forex market. Dollar/franc



We wait for the termination of a wave formation C in correction ABC. The Swiss is at 50 %-s' levels of correction. To count the purposes above, it is rather inconvenient. Though, can happen that at strong reaction of the market to any news from the USA, the price can throw and to 1.1390 (61.8 % of correction).

Operating levels for today:

R3 1.1140
R2 1.1085
R1 1.1030
P 1.0980
S1 1.0925
S2 1.0870
S3 1.0815

We prefer, to refrain from opening positions in any party.

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