EURCAD Euro vs. Canadian DollarFX:EURCADLucasStrikezWait for Rejection Allow price to show signs of weakness within the resistance zone. Look for a bearish rejection wick, bearish engulfing candle, or a break of short-term market structure before considering an entry. Enter the Trade Once bearish confirmation is present, enter a short position from the resistance zone rather than anticipating the reversal too early. Protect the Position Place the stop loss above the recent swing high at 1.6247. A break above this level invalidates the bearish trade idea. Target the First Support Aim for the first take-profit at 1.6200, where the 50-period SMMA aligns with a key support level. Look for Continuation If bearish momentum remains strong after the first target is reached, hold a portion of the position for a move toward 1.6110, the next significant demand zone.