EURCAD BUY SETUP

#EUR/CAD#

Institutional Trade Plan
📌 Entry Strategy:
Ideal Buy Zone: 1.4950 – 1.4920 (discount zone).
Alternative Entry: If price reacts at 1.4975 FVG, a smaller position can be considered.

📌 Stop Loss (SL):
Safe SL: Below 1.4900 (institutional liquidity protection).

📌 Take Profit (TP) Targets:
TP1: 1.5050 (recent high).
TP2: 1.5100 (BSL zone).
TP3: 1.5150+ (breakout target).

📌 Confidence Level: MEDIUM

Reasons:
BOS confirms bullish intent.
Liquidity grab below recent lows supports bullish continuation.

📌 Trade Type: Intraday / Swing
If price reacts from 1.4950, it could be an intraday buy.
If price goes deeper into 1.4920, it may be a swing buy.

Final Institutional Decision
🚀 Conclusion: WAIT for price to retrace before entering a buy.

No need to chase price at highs.
Watch 1.4950–1.4920 for Smart Money reaction.
If price reaches 1.5050–1.5100, watch for potential reversal.

🔥 Final Play: Buy at Discount Zone → Target Buy-Side Liquidity Above 1.5050.