British Pound / New Zealand Dollar
Short
Updated

GBPNZD SELL TRADE PLAN

GBPNZD

Trade Type: Sell (Short)

Entry 1 (Safe Market Order): 2.1770 (Break & Retest Confirmed)

Entry 2 (Optimal Limit Order): 2.1820-2.1850 (Sell at Supply Zone Rejection)

Stop Loss (Safe Above Structure): 2.1910

TP1: 2.1700 (Secure Partial Profits).
TP2: 2.1650 (Key Demand Zone).
TP3 (Full TP): 2.1600 (Sell-Side Liquidity Grab).

Risk-to-Reward (R:R): Minimum 1:3 R:R (High Probability).
Trade Confidence Level: 85% Bearish Bias (Strong Institutional Confluences).
Note
FOR MORE CONSERVATIVE TRADERS:

Trade Plan – GBP/NZD SHORT

Sell Entry (Limit Order): 2.1850 - 2.1880 (Refined Sell Zone).

Safe Stop-Loss: 2.1925 (Above Liquidity Trap & Stop-Hunts).
Take Profit 1 (TP1): 2.1650 (First Target).
Take Profit 2 (TP2): 2.1600 (Larger Swing Target).
Take Profit 3 (Full TP): 2.1550 (Liquidity Pool Below).

Risk-to-Reward (R:R): 1:3 or Higher.
Bearish Confidence Level: 90% (High Confluence).
Trade active
IF the trade plan/idea doesn't trigger, i have posted trade idea 02 which can be executed if price breaks down below 2.1750
Note
Trade is Active sell@2.1850, can place SL safe at 2.1925 if you wish to.
Note
It has gone 1:1+ so far.
Trade closed manually
Update: GBPNZD has gone 1:2 in Favour, can exit full or partial 80%

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