26 August 2015, EUR/USD
The daily chart: given the massive inside bar, northern determination and lack of an adequate rising swing, we can assume an upcoming consolidation (probably - triangular).
.png "The key level - 1.1578")
H1 chart: the first intersection down. Will there be the secondone? Or will bulls manage to break above 1.1578 to neutralize the break-down? There are many questions and they are radical. Therefore, it is right to wait and see what happens in the current upward swing: bulls strike 1.1578 or show weakness (and then the pair can be sold anticipating movement under 1.14) .
.png "The key level - 1.1578")
Scenarios:
1) The failure to break 1.1578 and beginning of decline to 1.14.
2) Break of 1.1578 and search of the entry points in the upward direction. It is most likely that we will have to wait for a downward swing to this entry.
solutions: 1) Sales in the event of failure to break 1.1578. The target is 1.14 or lower. 2) Waiting for purchases according to the second scenario.
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