This pattern would even be valid on the daily time frame. It fits my rules here on the 60 minute so I am in it here as well. Will likely be in it for significantly longer than normal. All rules met: double bottom, RSI divergergence, 61.8% retracement not hit between 5am - 9am central time. I like that the smaller 2618 formed at the 61.8% of this pattern, nice to have a little extra structure at my entry.