SHORT Setup idea for GBPNZD H4

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Hello trader

It's long time I've not publish any trading idea in here but I still learning new idea

FOR TODAY !
I have SHORT setup idea for GBPNZD the price still feed in the border of KEY level and I will entry trade between the zone(that mean SUPPLY and DEMAND zone) AND when H4 price close only!

You will see now price has reject the SUPPLY zone(originally it is DEMAND zone but engulfed by bearish move and then price comeback this zone again)

If this zone can use and price can close outside the zone I will entry SHORT from this level

SL: above the zone
TP: structure low

HAVE A BEST TRADING FOR TODAY :)
Transaction en cours
OK now correct condition
snapshot
Note
Have to adjust RRR a little
Trade fermée: ordre d’arrêt atteint
snapshot
Transaction en cours
Price hit SL because place not enough STOP HUNT distance caused by NZD interest rate news

after that I have entry SHORT again at old SL which gave me a better price and still original TP target!
DBDEconomic CyclesGBPNZDMultiple Time Frame AnalysisopportunitiesRRRshortsetupSupply and DemandSWAPZONE

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