This is the 5th and final wave. We're in a correction similar to the previous two corrections in this set of 5 waves.
The path will most likely be the red path.
Wait for a small correction above the purple breakout line, then long with stops below the 23.6%, below the turning point to be safer, around 160.078. TP should be safe at -27% but it will most likely go slightly further than it.