i see that the wave 3 of purple is complete and now waiting for wave 4. if want to go long although it is not recommended, i suggest put stops at 78.18. i expect wave 4 complete at fibs level 0.236/38.2 or even 0.5, which are the common levels for wave 4. The invalidation for this wave is at 82.39. After the complete of this slight rally, i expect price will make a new low for wave 5, and complete the ending diagonal on higher degree.
Note
Wave 4 might be complete, which is running flat with confluence with rule of alternation. however it does look too short by time aspect. i took a short position with stop at 79.18 for wave 5 of purple 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.