Triple Zigzag

That is what I believe the correction is morphing into. If that is the case the below labeling should be correct. I would expect the stopping zone for the long move to be between  1.51881 and 1.52668. I would try and tighten this up as the correction matures. Please keep in mind that 3 zigzags are the most allowed under wave theory. So once this last zigzag is complete it cannot become more complex and keep correcting. It will make a new low below 1.4780. Great place to take a postion short. Very high probablility trade.