Short Idea Liquidity Gap TargetEUR/CADOANDA:EURCADKhoraCapitalThe Euro against the Canadian Dollar is presenting a highly technical cyclical setup on the 4-hour framework. Technical View: Looking at the structured frameworks mapped in this pair, price action has completed a highly precise cyclical transition. Following a deep (A)-(B)-(C)-(D)-(E) corrective sequence, the market unleashed an aggressive, full five-wave motive structure labeled (1)-(2)-(3)-(4)-(5) directly off the structural lows. Out of this impulsive leg, a large Harmonic Bat structure is now actively crystallizing. A critical structural feature to note is the prominent liquidity price gap highlighted by the red box. Gaps of this nature act as an institutional magnet, representing an unhedged pocket of order flow that the market routinely returns to rebalance. The previous week labor data is further amplified by the high-profile kickoff of the 2026 FIFA World Cup across Canada. The massive, immediate transactional demand for the Loonie to fund international tourism, transit, and hospitality creates a continuous structural bid for the currency. This dual force of stellar employment data and global sports tourism inflows provides the precise fundamental pressure needed to drive EURCAD down to our defined support targets. #EURCAD #Forex #ElliottWave #HarmonicTrading #BatPattern #PriceGap #TechnicalAnalysis #MacroTrading This is for educational and research purposes only and does not constitute investment advice.