NZDUSD Trade Idea - Bearish Bias

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### **๐Ÿ“‰ NZDUSD Trade Idea - Bearish Bias**

**๐Ÿ” Market Outlook:**
I am considering **NZDUSD bearish** based on the following analysis:

โœ… **Bearish Trend Continuation:** The pair has shown consistent weakness and is aligned with a bearish trend. โฌ‡๏ธ
โœ… **External Monthly Range Liquidity:** The price is likely heading towards the **monthly external range liquidity**, creating a good opportunity to short. ๐Ÿฆ๐Ÿ’ฐ
โœ… **Break of Structure (BOS):** A recent **BOS** confirms downward momentum, suggesting further downside potential. ๐Ÿ“‰
โœ… **SMC Alignment:** The trade aligns with **Smart Money Concepts**, supporting institutional-driven price movements. ๐Ÿ’ผ

### **๐Ÿ“Œ Trade Plan:**
๐Ÿ”น **Entry:** Wait for a minor retracement or liquidity sweep before entering short. โณ
๐Ÿ”น **Stop Loss:** Above the recent **swing high** or invalidation level. ๐Ÿšจ
๐Ÿ”น **Take Profit:** Target **monthly external range liquidity** for a significant profit zone. ๐ŸŽฏ๐Ÿ’ต
๐Ÿ”น **Confluence:** Look for additional **bearish order flow** confirmation on lower timeframes (LTF). ๐Ÿ”„

Let me know if you'd like more details or a chart to visualize this! ๐Ÿ“Š

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