📈 🔥 EURCAD TRADE PLAN 🔥
📅 Date: May 05, 2025
📋 Trade Plan Overview:
* Type: Intra-Day
* Direction: Sell
* Confidence: ⭐⭐⭐⭐ (82%)
* Risk:Reward: 3.1:1
* Status: Awaiting Confirmation
Guidance: Prioritize this plan due to high structural and volume alignment + sentiment skew. Total portfolio risk = 0.50%.
Primary Trade Plan: Intra-Day – Sell
📈 Market Bias & Trade Type
* Bias: Bearish
* Trade Type: Continuation
*
🔰 Confidence Level
* ⭐⭐⭐⭐ (82%)
* Reason: H4 OB + liquidity sweep + internal BOS + D1 bearish structure
* Breakdown: OB 30%, Liquidity 22%, Volume spike 15%, Macro 15%
*
📌 Status Awaiting Confirmation
📍 Entry Zones
🟥 Primary Sell Zone: 1.5675–1.5695 (H4 OB + 61.8% Fib)
🟧 Secondary Zone: 1.5715–1.5740 (FVG + inducement)
❗ Stop Loss 1.5758 (Above OB + 1x H1 ATR buffer ~60 pips risk)
🎯 Take Profit Targets
* 🥇 TP1: 1.5580 (95 pips, 1.6:1, internal liquidity)
* 🥈 TP2: 1.5490 (185 pips, 3.1:1, clean liquidity pool)
* 🥉 TP3: 1.5400 (275 pips, 4.5:1, D1 swing low)
📏 Risk:Reward
* TP2: 3.1:1
* TP3: 4.5:1
🧠 Management Strategy
* Risk 0.50% of $[Your Account] ($[Amount], [Lots] lots)
* SL to breakeven after TP1
* TP1 = 50%, TP2 = 30%, TP3 = 20% trailed
* Exit if H4 BOS against plan or VIX > 25
* Max portfolio risk capped at 3%
⚠️ Confirmation Criteria
* H1 bearish engulfing inside zone
* Volume spike on H1/M30
* Optional: RSI div on M30
* Ideal Entry: London session (2–5 AM NY)
* Avoid 1hr before/after CAD news
⏳ Validity
* Intra-Day Plan: Valid 12–18 hrs from tap
* Expires: May 06, 2025 (NY close if not triggered)
❌ Invalidation
* 1H close above 1.5760
* Macro CAD sentiment shift or DXY flips direction
🌐 Fundamental & Sentiment Snapshot
* COT: EUR heavy long, CAD neutral
* DXY: Softening bias (risk-on)
* Retail: 74% long EURCAD (contrarian)
* Cross-Pair: EURUSD unaligned, GBPCAD bearish
* Cross-Market: Crude Oil firm, supports CAD
* Macro: No ECB/BoC news today
* Sentiment Score: +7/10
* Historical Win Rate (setup type): ~78%
📋 Final Trade Summary EURCAD is in a bearish continuation with clean structural rejection zones forming on H4. Liquidity sweep + OB confluence + bearish order flow aligns with CAD macro stability. Execution pending confirmation via H1 candle + volume. Maintain strict risk and avoid news overlap.
📅 Date: May 05, 2025
📋 Trade Plan Overview:
* Type: Intra-Day
* Direction: Sell
* Confidence: ⭐⭐⭐⭐ (82%)
* Risk:Reward: 3.1:1
* Status: Awaiting Confirmation
Guidance: Prioritize this plan due to high structural and volume alignment + sentiment skew. Total portfolio risk = 0.50%.
Primary Trade Plan: Intra-Day – Sell
📈 Market Bias & Trade Type
* Bias: Bearish
* Trade Type: Continuation
*
🔰 Confidence Level
* ⭐⭐⭐⭐ (82%)
* Reason: H4 OB + liquidity sweep + internal BOS + D1 bearish structure
* Breakdown: OB 30%, Liquidity 22%, Volume spike 15%, Macro 15%
*
📌 Status Awaiting Confirmation
📍 Entry Zones
🟥 Primary Sell Zone: 1.5675–1.5695 (H4 OB + 61.8% Fib)
🟧 Secondary Zone: 1.5715–1.5740 (FVG + inducement)
❗ Stop Loss 1.5758 (Above OB + 1x H1 ATR buffer ~60 pips risk)
🎯 Take Profit Targets
* 🥇 TP1: 1.5580 (95 pips, 1.6:1, internal liquidity)
* 🥈 TP2: 1.5490 (185 pips, 3.1:1, clean liquidity pool)
* 🥉 TP3: 1.5400 (275 pips, 4.5:1, D1 swing low)
📏 Risk:Reward
* TP2: 3.1:1
* TP3: 4.5:1
🧠 Management Strategy
* Risk 0.50% of $[Your Account] ($[Amount], [Lots] lots)
* SL to breakeven after TP1
* TP1 = 50%, TP2 = 30%, TP3 = 20% trailed
* Exit if H4 BOS against plan or VIX > 25
* Max portfolio risk capped at 3%
⚠️ Confirmation Criteria
* H1 bearish engulfing inside zone
* Volume spike on H1/M30
* Optional: RSI div on M30
* Ideal Entry: London session (2–5 AM NY)
* Avoid 1hr before/after CAD news
⏳ Validity
* Intra-Day Plan: Valid 12–18 hrs from tap
* Expires: May 06, 2025 (NY close if not triggered)
❌ Invalidation
* 1H close above 1.5760
* Macro CAD sentiment shift or DXY flips direction
🌐 Fundamental & Sentiment Snapshot
* COT: EUR heavy long, CAD neutral
* DXY: Softening bias (risk-on)
* Retail: 74% long EURCAD (contrarian)
* Cross-Pair: EURUSD unaligned, GBPCAD bearish
* Cross-Market: Crude Oil firm, supports CAD
* Macro: No ECB/BoC news today
* Sentiment Score: +7/10
* Historical Win Rate (setup type): ~78%
📋 Final Trade Summary EURCAD is in a bearish continuation with clean structural rejection zones forming on H4. Liquidity sweep + OB confluence + bearish order flow aligns with CAD macro stability. Execution pending confirmation via H1 candle + volume. Maintain strict risk and avoid news overlap.
Trade closed: target reached
TP HIT!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.