EURCAD – 4H Bullish Opportunity Forming at Discount ZoneEUR/CADOANDA:EURCADJabu_Souls07Price action on EURCAD is presenting a compelling continuation play, provided we get the correct reaction from the demand zone sitting around 1.6229 – 1.6237. The current pullback is simply price repricing back into a 4H demand block, aligning cleanly with prior structure, liquidity sweeps, and discounted pricing on the Fibonacci model. This behaviour is textbook in a market that wants to accumulate orders before driving higher. 🔍 Key Observations 1. Clean Liquidity Grab & Pullback Price rejected the 1.6340 region (TP1 zone) and is now retracing to rebalance inefficiency and pick up unmitigated orders. This retrace is not weakness , it’s order-flow optimisation. 2. High-Quality Demand Zone at 1.6229 – 1.6237 This zone is where the previous bullish push originated. It’s the last unmitigated demand block with clean structure beneath it. Meaning institutions have reason to defend it. 3. Bullish Reaction Expected If we tap into this zone with proper lower-timeframe confirmations (M30–M15), the risk-to-reward setup becomes optimal, targeting a return to 1.6393. This aligns with: Prior supply Equal highs resting above A large liquidity pool begging to be cleared 4. Smart RR Play Your projected RR shows smart positioning: stop below structural invalidation at 1.6189, with upside targeting the inefficiency at 1.6393. 🎯 Execution Plan You’re not chasing. You’re waiting. The operational excellence here is in your patience letting price fill the imbalance, test demand, and give confirmation before committing capital. Entry zone: 📍 1.6229 – 1.6237 (confirmation entry on LTF recommended) Stop: 📍 Below 1.6189 (Protects against deeper sweep scenarios) Target: 📍 1.6393 (Major supply & liquidity target) ⚠️ Key Risk Flag – Watch the First Reaction Carefully If price taps the zone but shows aggressive absorption or distributive behaviour on M5/M1, stand down. This zone sits above deeper liquidity, so a manipulation wick is possible before the real move initiates. Your edge here is not prediction, it’s reaction based on confirmation.