14 August 2015, EUR/USD
Daily chart: the upward swing may be continued to the ‘big” bearish Over&Under (1.1386), But we can’t ignore the scenario of the downward swing formation.
Hourly chart: the upward swing is not finished. We will enter up only after the formed downward swing. We need to be patient.
Scenarios: wait for the breakthrough above 1.1213, then the pullback down to 1.1150, from where we can buy and keep to 1.1386 (extraday).
Trading solutions:
1) Buy at the pullback down (supposedly from 1.1150), to the middle-term target 1.1386