12 October 2015, EUR/USD
The daily chart: no sign of the end of the upward swing, so we should be based on a continued upward growth in the direction of 1.1458
.png "Swing scenario for the euro on Monday")
H1 chart:downward reversal will be possible in the case of drop to the level of 1.1334, with the result that would get bearish pattern Over&Under (area of the entrance to sales - 1.1378, black arrow). To continue growth, it is necessary not to allow bears to make such a maneuver.
.png "Swing scenario for the euro on Monday")
Expectations: So, control support - 1.1334. As long as the euro is above it - we're waiting for growth to 1.1458. In the case of movement under 1.1334 - we will put Sell Limit orders at 1.1375 and target around 1.1250.
solutions:
1) Buy with Stops 1.134 to 1.1458
2) If the price drops under 1.1334 - we will put Sell Limit orders at 1.1375, Stop above the last Top (1.1386) with the target at 1.1250
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