19 Agustus 2015, EUR/USD
The daily chart: swing down has been completed, but its overall length is far from being exhausted. However, bulls show claims to the inside bar today. If they succeed, then tomorrow we will definitely buy.
In the meantime, we are based on the possibility of decline to 1.0915 zone, where we will have an attractive stop for buying(red arrow). Black arrows indicate a scenario where bears finalize the local O & U down.
.h1 chart: as we see, a downward structure protected by the area of thelast Top (1.1093), above which reversal bullish Over & Under will be formed(scenario black arrow).
Scenarios:
1) Declien from 1.1080 to 1.0915
2) with a break above 1.1093 - 1.1051, we are waiting for a roll back and buy in the medium-term to 1.1380
solutions:
1) Sales from 1.1080, Stop order 1.1096, TP 1.0915
2) with a break above1.1093 - we shall put Buy Limit 1.1055, Stop order 1.1005, TP 1.1380 (in the middle term)