VET is in an ABC correction and Wave C turned into a complex Zigzag correction which is 5-3-5.

We are currently on the final 5th wave formation and seeing subwave 4. We are expecting one more drop for the final 5th subwave of the entire 5-3-5 zigzag correction.

As subwave 1 was extended, we can expect the 5th wave to be equal or shorter than the 3rd wave, which gives us a clear level to watch for price to stay above once the 5th subwave starts. This is because wave 3 cannot be the shortest.

Trade Idea:
- Once the final 5th subwave starts, measure the length of the third wave and use it as invalidation level for buys
- buy when bullish price action appears
- Targets: 0.17, 0.28, 0.35, 0.45

What do you guys think?

Goodluck and as always, trade safe!

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