Present deep 0.764 retracement of previous range so far, has not discounted the bullish view with this alternate count.
In fact, this 3 waves down move looks corrective enough to be retraced eventually.
That's good charts and very probable with EURUSD presently dropping further.
While the following alternate count is also valid still, looking at a complex (4) alternate with simple (2), similar to GBPUSD last 12 months.
But great to have many alternate counts like yours for final decision.
Sorry, missed your question earlier.
Depth of wave could go down as deep as 99% of & is still valid. ATM looks like it's reversing from 0.7019, with a bit of luck.
Good place to go long with SL under low at 0.7019.