EUR/USD Bearish Trade Setup | CHoCH Confirmation | 1:2 RR

This analysis presents a bearish trade setup on EUR/USD, following a Change of Character (CHoCH), indicating a potential trend reversal to the downside. The price structure suggests a retracement to a supply zone before continuing its bearish momentum.

• Entry Price: 1.03626 (Expected retracement zone)
  
• Take Profit (TP): 1.02826 (Key support level, potential demand zone)
  
• Stop Loss (SL): 1.04026 (Above recent high for protection)
  
• Risk-to-Reward Ratio: 1:2 (Targeting twice the risked amount)
  

This trade setup aims to capitalize on a pullback before a bearish continuation, aligning with market structure shifts. The CHoCH breakout confirms the transition to a bearish bias, making this an optimal trade with a favorable risk-reward ratio.