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Trader Journals:::2026-04-01T08:58:08

Wave Wisdom: Mastering the Art of Wave Marking in Forex!

Hello traders, regarding GBP/USD, we are turning bullish. Of course, I would like the pair to be able to slightly update the minimum once again to form a clear five-wave structure in (c) in (2) in (C). However, in this case, it is also possible to outline a five-wave structure to the downside, albeit not without difficulty. In general, if the pair does not update the minimum further, I expect an upward movement in the third wave in (C). Most likely, at this point, there will be the first and second waves, allowing the euro to continue its downward wave, while GBP/USD retraces in the second wave in (1) in (3) in (C). Then, when the euro starts retracing upwards, I anticipate the third wave in (1) in (3) in (C) for GBP/USD. In short, I have come up with an interesting idea, but I hope it works out. If we continue downwards and update the minimum of the first wave in (C), we will have to consider a correction to the south in wave (B) of a higher degree.

Wave Wisdom: Mastering the Art of Wave Marking in Forex!

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