This move down wich started in January is coming to it's end, as price is making the last wave 5 of an Ending Diagonal of a higher degree wave 5.
* Therefore I'm closing all Short positions.
** Wave 5 might have ended @ 0.702 therefore I'm opening a small position at current price (0.7052) and setting a Pending Order @0.6994 (Green Zone)
*** Stop @ 0.6885 If price moves below this level then the ending diagonal count would be invalidated because wave 3 would then be the smallest of 1,3 & 5.
*** Target #1 : 0.7300
PS : Don't hesitate to like and comment on my ideas !