EURCAD BUY TRADE PLANEuro vs Canadian DollarICMARKETS:EURCADjibkhan111 β EURCAD TRADE PLAN π **Date**: July 10, 2025 π **Pair**: EUR/CAD --- ### 1οΈβ£ STRUCTURAL ALIGNMENT | TF | Structure Status | Key Levels | Market Bias | | -- | ------------------- | ------------------------------ | ----------------- | | D1 | Bullish Trend | HH: 1.6108 / HL: 1.5910 | β Bullish | | H4 | Trend Resumption | Range Break > 1.6060 Confirmed | β Bullish | | H1 | Micro Bullish Shift | Price > 1.6040 key minor HL | β Bullish (Ready) | π§ **Comment**: Market holding higher low structure across all TFs. Compression breakout likely underway. --- ### 2οΈβ£ ENTRY TRIGGER ZONE | Parameter | Level / Zone | | --------------- | ---------------------------------- | | π― ENTRY | **1.6025β1.6038** (retest pocket) | | β STOP LOSS | **1.5975** (below H1 invalidation) | | π― TP1 | **1.6100** (prev swing high) | | π― TP2 | **1.6170** (measured extension) | | π§ Optional TP3 | **1.6235** (macro fib proj) | π **Only enter on valid wick or LTF confirmation candle inside zone.** π Avoid mid-candle chases or breakout impulse entries. Let it *pull back*. --- ### 3οΈβ£ RISK MODEL INTEGRITY | Metric | Value | | ------------------- | -------------------------------- | | SL Distance | β 50-60 pips max | | Minimum RRR | **1:2.5 to 1:3.5** | | Break-even Protocol | Lock BE after 1H close > 1.6080 | | Trade Invalidation | 1H Close < 1.5975 | β οΈ Risk size calibrated to avoid breach of core portfolio risk ceiling. --- ### 4οΈβ£ MACROβFUNDAMENTAL ALIGNMENT | Macro Driver | Current Stance | Effect | | ----------------------- | ------------------------------------------------ | ------------------- | | π¨π¦ CAD | Weak (Oil pressure + BOC dovish bias) | β CAD Soft | | πͺπΊ EUR | Strong (Post-NFP euro demand + ECB hawkish tone) | β EUR Strong | | Intermarket Correlation | Oil β β CAD β | β Pro-EURCAD | | Macro Bias | **EUR Strength > CAD Weakness** | β Bullish Alignment | π§ No conflict with structural plan = β Macro Confirmed --- ### 5οΈβ£ EXECUTION PROTOCOL * π *Type*: **Limit Order** ONLY β no market chasing * π― Wait for rejection or bullish engulfing on 15M or 30M inside entry zone * π Trail after price > 1.6080 with hourly close * β Do not trade this setup if **1.5980 is breached intraday** --- π« NOT INVESTMENT ADVICE β For institutional execution only under your risk model.