I think we are in wave 3 and going down for long-term but now wave 1 of wave 3 almost finishing .. a clear MACD divergence will support that , RSI going down and didn't show a clear reversal signal until now which supporting that wave 1 of wave 3 didn't finished yet , wave 2 is unknown but as usually could be Zigzag , we could see H&S pattern but that's not sure , the guiding lines related with high volume levels in past , if we saw H&S pattern (just in case) the target will be the end of wave 2 and the start of wave 3 ,, wave 3 of wave 3 in larger degree will be a sharp move , but I think this week we will be in wave 2 and next week we will see wave 3 ....
the mentioned levels is for signal search .. not entry points !!
this is my opinion for EURUSD until now ,, Good Luck to all