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Back Wave analysis
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Back Wave analysis
EUR/USD Analysis. April 3rd. What is happening with the market?
The wave pattern on the 4-hour
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The wave pattern on the 4-hour chart for EUR/USD has changed. There is still no talk of canceling the upward trend segment (lower chart), which began in January of last year; however, the wave structure of the trend now looks very ambiguous. In such situations, I always recommend switching to a lower timeframe (upper chart) and analyzing the simplest and smallest wave structures in order to make a short-term forecast, which is sufficient for opening trades. Wave structures can be
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Chin Zhao,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Alexander Dneprovskiy
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