VFF Long 11/29/23
Updated
VFF
Looking higher in wave 3 following the completion of a leading diagonal wave 1.
Prices should develop impulsively through 1.17 and towards 2.37 against the wave 2 low of 0.6250.
A break of this low will invalidate the setup.
Note
The forecast remains on track and prices should continue to push higher through 1.17.
A closer look at the structure around wave 1 and 2 show that wave 3 should be in its early stages against the wave 2 low of 0.63. A break of the wave ((i)) high of 0.8890 should confirm the completion of wave ((ii)) and signal that wave ((iii)) of 3 is in progress towards 1.17 and 2.37 against the wave ((ii)) low of 0.7036.
Jayce, CEWA
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