{"id":63715,"date":"2014-11-14T07:41:13","date_gmt":"2014-11-14T12:41:13","guid":{"rendered":"http:\/\/countingpips.com\/?p=63715"},"modified":"2014-11-14T07:41:13","modified_gmt":"2014-11-14T12:41:13","slug":"beginning-of-a-descending-zigzag-usdcad-wave-analysis","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/11\/beginning-of-a-descending-zigzag-usdcad-wave-analysis\/","title":{"rendered":"Beginning of a descending zigzag. USD\/CAD wave analysis"},"content":{"rendered":"
November 14, 2014<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for November 14th<\/sup>, 2014<\/h2>\n

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In our previous review, \u201cExpecting a descending zigzag. Wave analysis of USD\/CAD for 07.11.2014\u201d, we discussed one of the possible scenarios how the price may start a descending zigzag<\/em> (c) of [iv]<\/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 of (C)<\/strong>, which is possibly taking the form of a running horizontal pattern. Possibly, the pair has already started forming its descending zigzag<\/em> (c) of [iv]<\/strong> with the target lower than 1.100. If this assumption is correct, then after this triangle<\/em>, the market may make the final ascending movement inside wave [v] of C of (C)<\/strong>.<\/p>\n

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The wave structure on the H4 chart implies that the price has started a descending zigzag <\/em>(c) of [iv]<\/strong> with diagonal triangle <\/em>[1] of a of (c)<\/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 November 14th, 2014 In our previous review, \u201cExpecting a descending zigzag. Wave analysis of USD\/CAD for 07.11.2014\u201d, we discussed one of the possible scenarios how the price may start a descending zigzag (c) of [iv]. Our mid-term expectations haven\u2019t changed so far. The market continues forming a descending correction [iv] […]<\/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-63715","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/63715","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=63715"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/63715\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=63715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=63715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=63715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}