The beginning of the development of the third impulse wave

12.08.2021
For the pair under consideration, a further decline was expected due to the development of correctional wave 2. The target was the 61.8% level of wave 1, but buyers decided not to postpone the matter...
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The situation has changed sharply in favor of buyers

11.08.2021
Having updated the local maximum, the price went beyond the acceptable value for the wedge development. The situation forces us to reconsider the wave counting again. The updated version assumes the development of the diagonal,...
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A decline is expected in the correctional wave 2

11.08.2021
For the pair under consideration, everything is going as expected. The price remains under bearish pressure, probably, due to the development of the correction which is taking the form of a simple zigzag. The target...
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Decline in the fifth wave of the diagonal

10.08.2021
The updated version of the development of events for the pair under consideration remains relevant. The price increased slightly, but did not dare to attack the local maximums. Probably, it will no longer be possible...
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Continuation of corrective decline

10.08.2021
The British pound remains under pressure. All attempts to grow are abruptly stopped, which leads to a slight but still decline. So far, all this fits into the framework of the expected correction, which is...
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