DAILY CHART ANALYSIS (9/20): EURUSD: Charting wave (B) Down

This is the DAILY chart showing the wave count with prices pointing down in a bearish wave (B) decline. This decline is being defined by 2 POTENTIAL bullish patterns: 1. butterfly and 2. crab.

Three are 3 possibilities I am seeing where prices could turn:
1. the uptrending TL
2. the higher MAJOR SR Structure Level (where the butterfly also would complete at)
3. The completion of the crab pattern

Each of these points also represent points in which prices could have major retracements if not a reversal because of wave (B) ending at those points

THE FIBS
There are 3 major fibs that I have placed on the chart. They are color coded to make it easier to distinguish between them. They are marking the fibs at the major possible reversal points.

Notice that the butterfly completion is almost exactly at the 1.618 golden ratio retrace of the green a - b leg. The .886 retrace of the (a) - (b) leg (black) is also near there.

For the crab, it completes almost exactly at the 2.272 extension of the green a -b leg with the 1.272 extension of the (a) - (b) leg also near there. The .886 retrace (red) of the entire current correction wave from the low at the ending of wave (5) to the most recent high point is also near there.

THE WAVE COUNT
The way I see it, this correction is unfolding in a ABC 5-3-5 Zigzag pattern. Wave (A) has completed in a 5 wave move. Wave (B) is a 3-wave abc move and is now completing with its' wave (c) being the upcoming decline. After wave (B) is done, the wave (C) up would begin in earnest.

THE BIGGER PICTURE
Here's the overall picture on the DAILY chart showing what I am expecting out of the corrective wave. You can see that I am expecting that the wave (C) will be a MAJOR retracement with the possibility that it could retrace all the way to the .618 retrace of the previous impulse wave down. This is the area where I have 2 POTENTIAL Bearish bats completing.

***NOTE*** Both Bats' C point is currently NOT set yet. Given the possibility of a decline in prices as I am showing, if prices should break the MAJOR SR Structure below the butterfly completion in the wave (B) decline, then the C points of both bats will need to be relocated to wherever prices do complete the wave (B) and reverse.