Eur/Usd : Down again

The trend is down and i expect price to continue making lower highs and lower lows. As for the elliott wave count, price is at or near the end of wave X of Y. Risk for higher prices start with the break of the channel and continues with the latest high at 1.4370. Rewards start at 1.4054, the latest low. After wave Y of Y is complete price should make another 3 waves up, it is possible that this will not reach very high and take a little more time, possibly turning in a triangle.