We are in the early stages of what could be continuation back into our long territory.
Notice now how the CCI line has pierced back up above the red trendline (by blue arrow).
This could be extremely bullish.
We are long and looking for:
Target 1: 135.00
Target 2: 136.00
Also note that the Head and Shoulders formation I mentioned on our 60 minute chart (if broken) becomes extremely bullish. Also found this Inverted Head and Shoulders pattern nicely on INO charts:
quotes.ino.com/charting/?s=FOREX_EU...
Did we just find the "good" Greece news before the release?
Notice now how the CCI line has pierced back up above the red trendline (by blue arrow).
This could be extremely bullish.
We are long and looking for:
Target 1: 135.00
Target 2: 136.00
Also note that the Head and Shoulders formation I mentioned on our 60 minute chart (if broken) becomes extremely bullish. Also found this Inverted Head and Shoulders pattern nicely on INO charts:
quotes.ino.com/charting/?s=FOREX_EU...
Did we just find the "good" Greece news before the release?
