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.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.