{"id":62080,"date":"2014-10-17T07:28:15","date_gmt":"2014-10-17T11:28:15","guid":{"rendered":"http:\/\/countingpips.com\/?p=62080"},"modified":"2014-10-17T07:28:15","modified_gmt":"2014-10-17T11:28:15","slug":"ending-of-an-ascending-zigzag-usdcad-wave-analysis","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/10\/ending-of-an-ascending-zigzag-usdcad-wave-analysis\/","title":{"rendered":"Ending of an ascending zigzag. USD\/CAD wave analysis"},"content":{"rendered":"
October 17, 2014<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for October 17th<\/sup>, 2014<\/h2>\n

\"\"<\/p>\n

In our previous review, \u201cCompletion of an ascending zigzag. Wave analysis of USD\/CAD for 10.10.2014\u201d, we discussed one of the possible scenarios how the price may complete an ascending zigzag<\/em> (b) of [iv]<\/strong> and start a descending zigzag<\/em> (c) of [iv]<\/strong>.<\/p>\n

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Probably, the pair is completing an impulse c of (b)<\/strong> and the whole ascending zigzag<\/em> (b) of [iv]<\/strong>. Right now, the price is finishing its descending correction [4] of c of (b)<\/strong> in the form of skewed triangle<\/em>. If this assumption is correct, then after finishing this triangle<\/em>, the market is expected to make the final ascending movement inside wave [5] of c of (b)<\/strong>.<\/p>\n

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Our mid-term expectations haven\u2019t changed so far. The market continues forming a descending correction [iv] of C<\/strong>, which may take the form of a running horizontal pattern. The pair is finishing its ascending zigzag<\/em> (b) of [iv]<\/strong>.<\/p>\n

However, at the same time one should remember that any possible scenario is subjective and the market may move in a completely different direction.<\/p>\n

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

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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 October 17th, 2014 In our previous review, \u201cCompletion of an ascending zigzag. Wave analysis of USD\/CAD for 10.10.2014\u201d, we discussed one of the possible scenarios how the price may complete an ascending zigzag (b) of [iv] and start a descending zigzag (c) of [iv]. Probably, the pair is completing an […]<\/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-62080","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/62080","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=62080"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/62080\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=62080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=62080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=62080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}