27 August 2015, EUR/USD
The daily chart: euro is going through a technical correction in the direction of the middleполосы Bollinger band (1.1117), whereupon the pair might head for new highs in the medium-term.
Н4: intermediate support at 1.1273 (Lower Bollinger Band) is a strong support, but attack comes with the Actively ADX, so it is likely to have a breakdown below 1.1117.
Н1: ADX/RSI suggests the possibility of rolling up to the middle band (1.1410), from where the wave down will attack support 1.1272.
Expectations: a pullback to 1.1410 and decline to 1.1273, with an eye on 1.1117.
1) Sell from 1.1410 to 1.1273 and 1.1117 (extraday)