**๐ Market Outlook:** I am considering **NZDUSD bearish** based on the following analysis:
โ **Bearish Trend Continuation:** The pair has shown consistent weakness and is aligned with a bearish trend. โฌ๏ธ โ **External Monthly Range Liquidity:** The price is likely heading towards the **monthly external range liquidity**, creating a good opportunity to short. ๐ฆ๐ฐ โ **Break of Structure (BOS):** A recent **BOS** confirms downward momentum, suggesting further downside potential. ๐ โ **SMC Alignment:** The trade aligns with **Smart Money Concepts**, supporting institutional-driven price movements. ๐ผ
### **๐ Trade Plan:** ๐น **Entry:** Wait for a minor retracement or liquidity sweep before entering short. โณ ๐น **Stop Loss:** Above the recent **swing high** or invalidation level. ๐จ ๐น **Take Profit:** Target **monthly external range liquidity** for a significant profit zone. ๐ฏ๐ต ๐น **Confluence:** Look for additional **bearish order flow** confirmation on lower timeframes (LTF). ๐
Let me know if you'd like more details or a chart to visualize this! ๐
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and disciplineโturning probabilities into profitability!
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.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and disciplineโturning probabilities into profitability!
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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.