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Back Wave analysis
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Back Wave analysis
Analysis for EUR/USD on October 17th. The ECB meeting did not help the euro
The wave structure on the 4-hour
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The wave structure on the 4-hour chart for EUR/USD is becoming increasingly complex. Since January 2024, I can identify only two three-wave patterns (a-b-c) with a reversal point on April 16. After the completion of the current wave c, the formation of a new three-wave downward sequence may begin. The presumed wave c has already taken on a five-wave structure and now appears to be complete. If this is indeed the case, we may now see the development of a
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Chin Zhao,
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