18 August 2015, EUR/USD
The daily chart: a swing down has been already formed, however, the swing is too small to break down inside bar. Therefore, we will wait for its extension.
H1 chart: we have a local bearish Over & Under from the zone 1.1165, so correction to this area is possible.
Scenario:
1) Growth from current levels to 1.1165.
2) Continued decline from current levels.
solutions:
1) Watchful waiting: Limit sales from 1.1165 and Limit Buys from 1.0825.