Soybean Oil : Are we in a wave 3 of 3 of 3???
Looking closer at the smaller structure, it appears very excitably bullish. The upside potential is highly probable. An impulsive push should validate the 3 of 3 of 3. Technical indicators are supportive too.
Note
Wave (iii) is invalidated by overlapping (i). If this is still within wave 3, it could again be another ((i)) -((ii)) scenario. A breach 42.47 would invalidate the count and need to re-assess.
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