04 September 2015, EUR/USD
The daily chart: Bears are closer to the main support of the ascending structure - 1.1017 and its break-down would be a significant signal of a breakdown of the medium uptrend. On the other hand, buyers have opportunities to enter due to reducing the levels of stop orders. Therefore scenarios of reversal and continuation can be considered equally probable
.png "Equiprobable scenarios")
H1 chart: no upward swing, which does not allow go down the trend. On the daily chart we are approaching to apossible beginning of the upward swing, then long signals will be of great value, and the transaction to the upper side are promising .
If market completes the small swing up from current levels - the main potential remains to be downward.
.png "Equiprobable scenarios")
Scenarios:
1) Swing up from current levels. 2) Finalization of local Low and emergence of long-signal
Solutions:
1) Both scenarios have no generated signals, therefore, in the framework of swing trading, you must wait until the market gives such signals.
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