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Fibonacci Channel Strategy Trade Idea- EURUSD

Long
FX:EURUSD   Euro / U.S. Dollar

Step #1 In a Down Trend, wait for price action and head back to the upside inside the channel.
Step #2: Wait for Price action to push down now and pull back up. (Make Entry #1 once price pushes down)

BUY Entry #1 where we placed our first entry area and Entry #2 at 50% Fib line.

TP for both @ 1.1198

Let me know if you have any questions!

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