NZDUSD Trade Idea - Bearish Bias### **📉 NZDUSD Trade Idea - Bearish Bias**
**🔍 Market Outlook:**
I am considering **NZDUSD bearish** based on the following analysis:
✅ **Bearish Trend Continuation:** The pair has shown consistent weakness and is aligned with a bearish trend. ⬇️
✅ **External Monthly Range Liquidity:** The price is likely heading towards the **monthly external range liquidity**, creating a good opportunity to short. 🏦💰
✅ **Break of Structure (BOS):** A recent **BOS** confirms downward momentum, suggesting further downside potential. 📉
✅ **SMC Alignment:** The trade aligns with **Smart Money Concepts**, supporting institutional-driven price movements. 💼
### **📌 Trade Plan:**
🔹 **Entry:** Wait for a minor retracement or liquidity sweep before entering short. ⏳
🔹 **Stop Loss:** Above the recent **swing high** or invalidation level. 🚨
🔹 **Take Profit:** Target **monthly external range liquidity** for a significant profit zone. 🎯💵
🔹 **Confluence:** Look for additional **bearish order flow** confirmation on lower timeframes (LTF). 🔄
Let me know if you'd like more details or a chart to visualize this! 📊