{"id":49173,"date":"2014-03-31T07:01:01","date_gmt":"2014-03-31T11:01:01","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=49173"},"modified":"2014-03-31T20:37:04","modified_gmt":"2014-04-01T00:37:04","slug":"wave-analysis-31-03-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/31\/wave-analysis-31-03-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 31.03.2014 (DJIA Index, Crude Oil)"},"content":{"rendered":"<p><strong>Article By <a href=\"http:\/\/RoboForex.com\" target=\"_blank\">RoboForex.com<\/a><\/strong><\/p>\n<h2>Analysis for March 31<sup>st<\/sup>, 2014<\/p>\n<p>DJIA Index<\/h2>\n<p>Possibly, wave <strong>[2]<\/strong> took the form of <em>zigzag <\/em>pattern with long <em>flat<\/em> pattern <strong>(X)<\/strong> inside it. Probably, on minor wave level price is forming initial ascending impulses, that\u2019s why I opened buy order during local correction. Stop is placed at minimum, but I\u2019m planning to move it into the black as soon as market starts moving upwards.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/31\/djiaw1.png\" \/><\/p>\n<p>More detailed wave structure is shown on H1 chart. Probably, after completing <em>zigzag<\/em> pattern inside wave <strong>(Y)<\/strong>, price formed bullish impulse. Probably, instrument may form <em>extension<\/em> inside wave <strong>3<\/strong> during the day.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/31\/djiaw2.png\" \/><\/p>\n<h2>Crude Oil<\/h2>\n<p>Probably, Oil is about to complete wave <strong>2<\/strong>. Earlier price formed strong bearish impulse inside the first wave. I\u2019ve already started selling carefully, because descending movement inside the third wave may be very fast.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/31\/crude1.png\" \/><\/p>\n<p>As we can see at the H1 chart, Oil formed <em>zigzag <\/em>pattern inside wave <strong>2<\/strong>. On minor wave level, price completed initial impulse inside wave <strong>(1)<\/strong>. After local correction, instrument is expected to start moving downwards inside the third wave.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/March\/31\/crude2.png\" \/><\/p>\n<p><strong>RoboForex Analytical Department<\/strong><\/p>\n<p><strong>Article By <a href=\"http:\/\/RoboForex.com\" target=\"_blank\">RoboForex.com<\/a><\/strong><\/p>\n<p><strong>Attention!<\/strong><br \/>\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com Analysis for March 31st, 2014 DJIA Index Possibly, wave [2] took the form of zigzag pattern with long flat pattern (X) inside it. Probably, on minor wave level price is forming initial ascending impulses, that\u2019s why I opened buy order during local correction. Stop is placed at minimum, but I\u2019m planning to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/31\/wave-analysis-31-03-2014-djia-index-crude-oil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wave Analysis 31.03.2014 (DJIA Index, Crude Oil)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-49173","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/49173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=49173"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/49173\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=49173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=49173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=49173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}