2618 Trade Doller Swiss Frankfurt

FX:USDCHF   U.S. Dollar / Swiss Franc
47 0
I have been seeing great 2.618 trading setups in the forex markets lately. This one seems to be a good one as well. It's a bullish setup, buying when it hits the .618 after a double bottom . This one has already passed the .618 and is at the .786 fibonacci level. Making it a better position.

Though this 2.616 pattern is a little different. I am only posting this trade setup mostly because this setup breaks the previous high at 0.99039. . I am not sure if this still makes the pattern still valid or complete, so I want to see how it goes.

If it goes well or south, still gotta give credit to the people at http://tradeempowered.com finding and back testing patterns like these.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out