Originally posted by mikebg
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L1 is the TX coil
L3 is the Bucking coil the sum of TX+BU is the balanced coil.
Adding the target response to the balanced coil trace (red) we see what the actual output of the RX coil is.
This is an actual real circuit that works. I try to reproduce the traces I see on the oscilloscope.
When we balance the coils, sometimes we get a little movement when potting the coils and the balance is upset. I have used a pot at R5 as current bypass to correct unbalance.
R5 has several functions. It is damping L3, to avoid HF oscillations.
However, when simulating R5 for best damping, I noticed that it also influences the response of long TC targets, as HP filter.
You got the Flyback pulse on your picture. I prefer to look at the currents as this is what I see at the RX pre-amp input.

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