JackDale
Long

2618 Trade Doller Swiss Frankfurt

FX:USDCHF   U.S. Dollar/Swiss Franc
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.
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