EURCAD BUY TRADE PLANEuro vs Canadian DollarICMARKETS:EURCADjibkhan111 ✅ EURCAD TRADE PLAN 📅 **Date**: July 10, 2025 🕐 **Pair**: EUR/CAD --- ### 1️⃣ STRUCTURAL ALIGNMENT | TF | Structure Status | Key Levels | Market Bias | | -- | ------------------- | ------------------------------ | ----------------- | | D1 | Bullish Trend | HH: 1.6108 / HL: 1.5910 | ✅ Bullish | | H4 | Trend Resumption | Range Break > 1.6060 Confirmed | ✅ Bullish | | H1 | Micro Bullish Shift | Price > 1.6040 key minor HL | ✅ Bullish (Ready) | 🧠 **Comment**: Market holding higher low structure across all TFs. Compression breakout likely underway. --- ### 2️⃣ ENTRY TRIGGER ZONE | Parameter | Level / Zone | | --------------- | ---------------------------------- | | 🎯 ENTRY | **1.6025–1.6038** (retest pocket) | | ⛔ STOP LOSS | **1.5975** (below H1 invalidation) | | 🎯 TP1 | **1.6100** (prev swing high) | | 🎯 TP2 | **1.6170** (measured extension) | | 🧠 Optional TP3 | **1.6235** (macro fib proj) | 📌 **Only enter on valid wick or LTF confirmation candle inside zone.** 📉 Avoid mid-candle chases or breakout impulse entries. Let it *pull back*. --- ### 3️⃣ RISK MODEL INTEGRITY | Metric | Value | | ------------------- | -------------------------------- | | SL Distance | ≈ 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 | ⚠️ Risk size calibrated to avoid breach of core portfolio risk ceiling. --- ### 4️⃣ MACRO–FUNDAMENTAL ALIGNMENT | Macro Driver | Current Stance | Effect | | ----------------------- | ------------------------------------------------ | ------------------- | | 🇨🇦 CAD | Weak (Oil pressure + BOC dovish bias) | ✅ CAD Soft | | 🇪🇺 EUR | Strong (Post-NFP euro demand + ECB hawkish tone) | ✅ EUR Strong | | Intermarket Correlation | Oil ↓ → CAD ↓ | ✅ Pro-EURCAD | | Macro Bias | **EUR Strength > CAD Weakness** | ✅ Bullish Alignment | 🧠 No conflict with structural plan = ✅ Macro Confirmed --- ### 5️⃣ EXECUTION PROTOCOL * 💎 *Type*: **Limit Order** ONLY — no market chasing * 🎯 Wait for rejection or bullish engulfing on 15M or 30M inside entry zone * 🔒 Trail after price > 1.6080 with hourly close * ❌ Do not trade this setup if **1.5980 is breached intraday** --- 🚫 NOT INVESTMENT ADVICE – For institutional execution only under your risk model.