This analysis highlights a bullish trade setup on EUR/USD, anticipating a pullback into a demand zone before a strong upward continuation. The trade is structured to capitalize on a retracement, aligning with market structure shifts.
Entry Price: 1.04435 (Expected pullback zone)
Take Profit (TP): 1.05135 (Key resistance level, potential target)
Stop Loss (SL): 1.04085 (Below the demand zone for protection)
Risk-to-Reward Ratio: 1:2 (Aiming for twice the risked amount)
This setup leverages a retracement entry to maximize reward while minimizing risk, with a favorable risk-reward ratio and strong potential for bullish continuation.