dojitrader
Long

Butterfly With 1.618 Confluence

FX:USDCHF   U.S. Dollar/Swiss Franc
71 1 2
The inverse - mirror trade of the EurUsd             in related links.
D is right at best support, but, in between the .382 and .500
fibs on the Daily chart .
This makes stops difficult with layer after layer of support below
where o where should they go ???
The 1.618 fib ext should create at least decent rejection at first ~~~~
Ah yes, the candlesticks should help me out with that one.

Related Ideas

I am also waiting to long at 0.618 area in the daily chart around 0.8830?
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