Replies to post #50736 on Abet Chichi2 (Chichi2)

[chichi2]

EurUsd could be making a HS Bottom

click on replied to post# for Chi2 Composite of Euro charts

note the following chart was posted in INO.com
with these comments

-----------------------
The EURUSD put in a weekly green Trade Triangle today (08/02/12) which signals a low could possibly be in.

The EURUSD could be making a Head and Shoulders base.

If the right shoulder holds above the head part of the pattern, and the EURUSD trades higher and moves above the neckline that will be confirmation that a trading low is probably in.

So this is definitely a Chart to Watch and as always follow the MarketClub’s Trade Triangles.

Thanks,

Jim Robinson
Profit Trading.com