{"id":49462,"date":"2014-04-07T06:51:06","date_gmt":"2014-04-07T10:51:06","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=49462"},"modified":"2014-04-07T06:51:06","modified_gmt":"2014-04-07T10:51:06","slug":"wave-analysis-07-04-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/07\/wave-analysis-07-04-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 07.04.2014 (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 April 7<sup>th<\/sup>, 2014<\/p>\n<p>DJIA Index<\/h2>\n<p>It looks like Index is about to finish wave <strong>(2)<\/strong> and may start new and fast ascending movement inside the third wave. Earlier price completed <em>double three<\/em> pattern inside wave <strong>[2]<\/strong> and bullish impulse inside wave <strong>(1)<\/strong>. I\u2019ve got only one buy order with stop placed at local minimum.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/07\/djiaw1.png\" \/><\/p>\n<p>More detailed wave structure is shown on H1 chart. It looks like wave <strong>(2)<\/strong> is taking the form of <em>zigzag <\/em>pattern. On minor wave level, market is completing impulse inside wave <strong>C<\/strong>. Possibly, instrument may start forming initial wave <strong>1<\/strong>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/07\/djiaw2.png\" \/><\/p>\n<h2>Crude Oil<\/h2>\n<p>Forecast is still bearish; price completed bearish impulse inside wave <strong>1<\/strong>. Probably, wave <strong>2<\/strong> has been already completed as well. In the nearest future, Oil may start falling down again inside the third wave.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/07\/crude1.png\" \/><\/p>\n<p>As we can see at the H1 chart, last week Oil finished bearish impulse wave <strong>[1] <\/strong>and then formed <em>zigzag<\/em> pattern inside wave <strong>[2]<\/strong>. In the near term, instrument is expected to fall down inside wave <strong>(1)<\/strong>. In the future, I\u2019m planning to increase my short position during correction.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/07\/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 April 7th, 2014 DJIA Index It looks like Index is about to finish wave (2) and may start new and fast ascending movement inside the third wave. Earlier price completed double three pattern inside wave [2] and bullish impulse inside wave (1). I\u2019ve got only one buy order with stop &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/07\/wave-analysis-07-04-2014-djia-index-crude-oil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wave Analysis 07.04.2014 (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-49462","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/49462","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=49462"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/49462\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=49462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=49462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=49462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}