{"id":50833,"date":"2014-05-13T06:42:53","date_gmt":"2014-05-13T10:42:53","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50833"},"modified":"2014-05-13T06:42:53","modified_gmt":"2014-05-13T10:42:53","slug":"wave-analysis-13-05-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/13\/wave-analysis-13-05-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 13.05.2014 (DJIA Index, Crude Oil)"},"content":{"rendered":"

Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for May 13th<\/sup>, 2014<\/p>\n

DJIA Index<\/h2>\n

It looks like Index is forming extension <\/em>inside wave (3)<\/strong>. On minor wave level, price is moving upwards inside the third wave. Most likely, forecast of the price movement will remain bullish during the next several weeks, that\u2019s why I\u2019m planning to open several buy orders during correction.<\/p>\n

\"\"<\/p>\n

More detailed wave structure is shown on H1 chart. Probably, price is finishing the third wave inside wave 3<\/strong> and may start new correction quite soon. In the future, instrument is expected to move upwards inside wave [5] of 3<\/strong>.<\/p>\n

\"\"<\/p>\n

Crude Oil<\/h2>\n

Probably, Oil continues forming the third wave. On minor wave level, price is being corrected. I\u2019m planning to open sell order right after instrument starts falling down inside wave [3]<\/strong>. Right now, instrument is being corrected, so I\u2019m opening short-term buy orders.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, price formed wedge<\/em> pattern inside wave (A)<\/strong>. In the near term, Oil is expected to grow \u0433 \u0437 a little bit inside wave (C) of [2]<\/strong>. Later in the future, instrument may reverse and form initial descending impulse.<\/p>\n

\"\"<\/p>\n

RoboForex Analytical Department<\/strong><\/p>\n

Attention!<\/strong>
\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>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for May 13th, 2014 DJIA Index It looks like Index is forming extension inside wave (3). On minor wave level, price is moving upwards inside the third wave. Most likely, forecast of the price movement will remain bullish during the next several weeks, that\u2019s why I\u2019m planning to open several buy … <\/p>\n

Continue reading “Wave Analysis 13.05.2014 (DJIA Index, Crude Oil)”<\/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-50833","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50833","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=50833"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50833\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n