After an initial 5 waves move down in the beginning of the year we had a large complex sideway consolidation (possibly a triple zigzag) for most of the last 6 months. This correction seems over to me and I am now looking at smaller time frame to enter on the short side ! Another 5 waves down should come all the way down to the 1.30 area. This move from the high of November could represent the first leg which mean a pull back is coming now ( wave 2). It is then Wave 3 that one should look to catch ! Good luck