Can't restore iphone on iTunes

I changed my password on my iphone4 and I did this
1.Disconnect the USB cable from the device, but leave the other end of the cable connected to your computer's USB port.
2.Turn off the device: Press and hold the Sleep/Wake button for a few seconds until the red slider appears, then slide the slider. Wait for the device to turn off.
3.While pressing and holding the Home button, reconnect the USB cable to the device. The device should turn on.
4.Continue holding the Home button until you see the "Connect to iTunes" screen. When this screen appears, release the Home button.
5.iTunes should alert you that it has detected a device in recovery mode. Click OK, and then click Restore to restore the device.

But it says iTunes can't connect to iphone because its locked and it needs to be unlocked but I don't know the password! How can I restore my phone so I can get back n it!

You did not put it in recovery mode or it would not give that message. Turn off automatic sync and try again.

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