How to use Zoho Flow create a new project from a project template in Zoho Projects when a new module entry is created in Zoho CRM

How to use Zoho Flow create a new project from a project template in Zoho Projects when a new module entry is created in Zoho CRM

I am attempting to create a flow which automates the creation of a project in Zoho Projects from a template when a module entry is created in Zoho CRM (For me this module entry is the creation of an opportunity). 

Firstly, I cannot find a trigger which triggers when a module entry is created, currently on one for when a module entry is updated. 

Secondly, I am unsure whether I am missing steps, refer to the flow image below.



Below is the image of the Updated Module Entry trigger settings.