{"id":64937,"date":"2014-12-09T08:44:14","date_gmt":"2014-12-09T13:44:14","guid":{"rendered":"http:\/\/countingpips.com\/?p=64937"},"modified":"2014-12-09T07:35:02","modified_gmt":"2014-12-09T12:35:02","slug":"the-start-of-the-trend-reversal-gbpjpy-wave-analysis","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/12\/the-start-of-the-trend-reversal-gbpjpy-wave-analysis\/","title":{"rendered":"The start of the trend reversal. GBP\/JPY wave analysis"},"content":{"rendered":"
December 9, 2014<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for December 9th<\/sup>, 2014<\/h2>\n

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In our previous review, \u201cFinishing strokes. Wave analysis of GBP\/LPY for 26.11.2014\u201d, we discussed one of the possible scenario how the price may finish an ascending wave [v] of 5 of (1)<\/strong>.<\/p>\n

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By now, the final ascending impulse 5 of (1)<\/strong> has fulfilled the minimum requirements to the fifth waves: it contains all major waves and corresponds to the predicted proportions inside impulse (1)<\/strong>, which means that the pair may have already completed impulse (1)<\/strong>. If this assumption is confirmed, then later the market is expected to reverse downwards and start falling inside a large correction (2)<\/strong>, may be in the form of zigzag<\/em>.<\/p>\n

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Indeed, the chart structure implies that the price has completed impulse 5 of (1)<\/strong>. If this assumption is correct, then the market is expected to finish the ascending trend and start forming the descending one inside correction (2)<\/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 December 9th, 2014 In our previous review, \u201cFinishing strokes. Wave analysis of GBP\/LPY for 26.11.2014\u201d, we discussed one of the possible scenario how the price may finish an ascending wave [v] of 5 of (1). By now, the final ascending impulse 5 of (1) has fulfilled the minimum requirements to […]<\/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-64937","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/64937","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=64937"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/64937\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=64937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=64937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=64937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}