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Back Wave analysis
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Back Wave analysis
EUR/USD Analysis on February 18, 2026
The wave count on the 4-hour
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The wave count on the 4-hour chart for EUR/USD is not ideal but raises no major questions. There is still no talk of canceling the upward trend that began in January of last year; only the internal wave structure is occasionally adjusted. In my view, the pair has completed the formation of the global wave 4 (lower chart). If this assumption is correct, wave 5 has now begun and is continuing to form. Wave 5 may be quite extended, with
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Chin Zhao,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Alexander Dneprovskiy
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