Is it possible to install Windows 10 Mobile on the Nokia Lumia 530?

[Satorindley]

I am having trouble installing Windows 10 Mobile as the Lumia 530 only has 4GB of internal storage. (I do have a 16GB Samsung Eva MicroSD Card) I have hard reset it and deleted all apps possible. Every time I try to install it (following this guide: http://forums.windowscentral.com/wi...stall-windows-phone-10-technical-preview.html) I get the message: "There's an update for your phone but you need 1,022.82 MB of space to install it. Go to Settings > Storage Sense to clear some space, then tap Retry to start the update again."

So my question is: Is it even possible to install it? If it is then how can I do so?