Hi,
I'm expecting EUR/USD to make one more move down to get to the blue area and close the gap at ~1.08. After that (finishing the ABC correction) we could see a big move up in a wave 3.
Double AB/CD pattern leading to the area of 1.074 - 1.08 -ish, which is a nice 50% retracement of the big downmove. I think I will enter a new short somewhere in the blue box.