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Price declined as expected, however its seems more like it did so in 5 waves. It can also be counted as a complex correction, which could even be the end of wave B, but i prefer not to do so for now. These 5 waves down can be part of a zigzag, where this low would be A of B, or as wave 1 of 5. If it is 1 of 5, this would mean there is an error in my count from the 1.5150 top and we will go lower to possibly test 1.30. I will stay with my original count (bottom is in) untill proven wrong. Look for price to rally, but be carefull of a possible wave 3 down if it reverses.