Revision of long term triangle analysis

In earlier analysis I had claimed that the triangle pattern that I believe has been developing since Aug 5th was complete. This was highly premature. Considering the movement to this point, if this is indeed a developing triangle, it has much further to go. As you can see in the chart below, I now think that leg c (circle) wave is not quite complete yet. It may complete at or below the trend line. The trend line crosses 1.5877 today. As you can see the c (circle) wave is more complex than a (circle) and b (circle) waves. If price goes below 1.57063 this would negate the triangle scenario and signal that the long term short trend is firmly in place. If not then I have drawn a likely completion of the triangle that will led to new recovery highs to approximately 1.7400 over the next several months. From that point the short trend should once again take strong hold.