EURAUD – Bullish Outlook from Demand Zone (Continuation Trade)As we move deeper into Q2 2025, EURAUD is approaching a critical demand zone that could provide a bullish springboard for price action. At the time of analysis, the pair trades at 1.74889, resting just above a historically significant demand zone formed in early April. We have been holding a swing position since Feb (Trade plan published 26.02.2025).
🔍 Technical Outlook:
Trend Context:
Price has completed a Wyckoff Accumulation Cycle, with a clear Break of Structure (BoS) marking the transition from consolidation to expansion. Following the impulse move, price retraced gradually into the demand zone, potentially signaling a reaccumulation phase.
Key Zones:
Demand Zone: 1.74000 – 1.70500 (last point of demand)
Supply Target: 1.85600 (last point of supply)
Market Structure:
BoS confirmed the strength of buyers and institutional interest.
Currently printing higher time frame retracement, offering discounted long opportunities.
Bias:
🟢 Bullish until 1.70500 demand is invalidated.
🧠 Smart Money Concepts (SMC):
Liquidity Grab: The slow drift into demand suggests engineered liquidity build-up. If price taps deeper into the zone and prints bullish intent, we may see aggressive displacement.
Institutional Order Flow:
Strong signs of mitigation and re-accumulation from previous order blocks.
🧱 Wyckoff Method:
Phase C – Spring Test in play as price returns to the demand range.
A successful test may initiate a Phase D markup, with potential reaccumulation on lower timeframes.
🔮 Projection:
If price respects this demand level, I anticipate a bullish reaction back toward 1.80, with a longer-term target at 1.85600. Failure to hold 1.70500 invalidates the bullish thesis.
⚠️ Final Thoughts:
Stay alert to fundamental catalysts and use confirmation tools such as:
Bullish engulfing candles at demand
Lower timeframe BoS + market structure shifts
Volume spikes indicating smart money entry
📊 I remain bullish on this pair until the previous supply level fails.
🔔 Follow for live updates, deeper Wyckoff breakdowns, and Smart Money setups.
Tradewiththetrend
USDCAD BUY TO SELL TRADE WITH TRENDUSDCAD has been on a downtrend on higher timeframes.
Current market structure appears to be finally moving to the upside. 1 Hour has stopped making a new low and has broke structure to the upside. Lower timeframes are in a countertrend moving towards our buy position.
If price breaks below current low, trades cancelled and we wait for next opportunity.
Higher timeframes bearish
Lower timeframes bullish
Buy to Sell, trade with the trend.
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