{"id":53549,"date":"2014-07-01T06:45:20","date_gmt":"2014-07-01T10:45:20","guid":{"rendered":"http:\/\/countingpips.com\/?p=53549"},"modified":"2014-07-01T06:45:20","modified_gmt":"2014-07-01T10:45:20","slug":"wave-analysis-01-07-2014-djia-index-crude-oil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/07\/wave-analysis-01-07-2014-djia-index-crude-oil\/","title":{"rendered":"Wave Analysis 01.07.2014 (DJIA Index, Crude Oil)"},"content":{"rendered":"
July 1, 2014<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for July 1st<\/sup>, 2014<\/p>\n

DJIA Index<\/h2>\n

Index is still consolidating and forming horizontal triangle<\/em> pattern inside the fourth wave. In the future, price is expected to rebound from the pattern\u2019s lower border and start new ascending movement inside wave (5) of [3]<\/strong>.<\/p>\n

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As we can see at the H1 chart, price is forming wave C<\/strong> inside triangle<\/em> pattern. During Tuesday, price may show local growth, but later it is expected to start falling down inside wave E of (4)<\/strong>.<\/p>\n

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Crude Oil<\/h2>\n

It looks like Oil is reversing downwards. After finishing wave C of (Y)<\/strong>, price started forming initial bearish impulse inside wave 1 or A<\/strong>. I\u2019ve opened another sell order with stop loss placed at latest high.<\/p>\n

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More detailed wave structure is shown on H1 chart. Probably, yesterday price formed wedge<\/em> pattern inside wave [1]<\/strong>. After completing local correction inside wave [2]<\/strong>, instrument is expected to start moving downwards inside the third wave.<\/p>

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

Article By RoboForex.com<\/span><\/a><\/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

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

Article By RoboForex.com Analysis for July 1st, 2014 DJIA Index Index is still consolidating and forming horizontal triangle pattern inside the fourth wave. In the future, price is expected to rebound from the pattern\u2019s lower border and start new ascending movement inside wave (5) of [3]. As we can see at the H1 chart, price […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-53549","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/53549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=53549"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/53549\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=53549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=53549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=53549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}