EURCAD 1H – Rebound from Major Demand Zone & FVG Fill SetupEUR/CADOANDA:EURCADCIPHERCHARTLiquidity Sweep & Demand Rebound: After an aggressive bearish leg that broke structure (CHoCH) from 1.61800, EURCAD has fully mitigated the major higher-timeframe demand origin around 1.60900 – 1.61000. Price action shows clear signs of sell-side liquidity absorption and rejection at lower bounds. Overhead Liquidity Imbalances: The vertical drop left a wide Fair Value Gap (FVG) imbalance cluster between 1.61650 and 1.61771, creating a strong draw on liquidity above current levels. Draw on Liquidity: Expecting a corrective expansion to fill intraday inefficiencies and retest the overhead supply zone. --- Trading Setup Long Entry Zone: 1.60950 – 1.61020 (At H1 demand reaction) Stop Loss (SL): 1.60720 (Placed safely below key swing low – ~30 pips) Take Profit Targets: *TP1: 1.61515 (Intermediary high / Lower FVG boundary) *TP2: 1.61770 (Upper FVG fill / Bearish supply zone)