NZD/USD – 1H | Bearish Setup at Breakout of LL| AB=CD Harmonics
We’re currently eyeing a bearish continuation on NZD/USD based on clear market structure and harmonic confirmation.
📉 Trend: Bearish
🔍 Divergence: Bearish
📐 Harmonics: AB=CD pattern
📊 Bias: Bearish
🧠 Technical Breakdown
✅ Price has broken the previous Higher Low, confirming a structural shift.
✅ A Lower High is about to form — Now we’re waiting for the breakout of the previous Lower Low to confirm trend continuation.
✅ We’ve placed a Sell Stop below that Lower Low, targeting bearish continuation.
✅ The AB=CD harmonic pattern shows potential for extended downside — reversal zone still far.
📌 Trade Setup
🔹 Entry: Sell Stop @ 0.59965 (breakout of Lower Low)
🔹 Stop Loss: 0.60614
🔹 Take Profit: 0.59316
🔹 Risk/Reward: 1:1
🔹 Lot Size: 0.38
🔹 Risk: $200
🔹 Reward: $200
⚠️ Note: This is a pending setup. Trade only triggers on the breakout of the previous Lower Low, keeping the bearish structure intact.
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#HarmonicTrading #ForexStrategy #SellSetup #TradingView #FXMarket #ForexSignals
#DayTrading #SwingTrading #ChartAnalysis #TradeSmart #ForexTrader #RiskManagement
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📉 Trend: Bearish
🔍 Divergence: Bearish
📐 Harmonics: AB=CD pattern
📊 Bias: Bearish
🧠 Technical Breakdown
✅ Price has broken the previous Higher Low, confirming a structural shift.
✅ A Lower High is about to form — Now we’re waiting for the breakout of the previous Lower Low to confirm trend continuation.
✅ We’ve placed a Sell Stop below that Lower Low, targeting bearish continuation.
✅ The AB=CD harmonic pattern shows potential for extended downside — reversal zone still far.
📌 Trade Setup
🔹 Entry: Sell Stop @ 0.59965 (breakout of Lower Low)
🔹 Stop Loss: 0.60614
🔹 Take Profit: 0.59316
🔹 Risk/Reward: 1:1
🔹 Lot Size: 0.38
🔹 Risk: $200
🔹 Reward: $200
⚠️ Note: This is a pending setup. Trade only triggers on the breakout of the previous Lower Low, keeping the bearish structure intact.
#NZDUSD #ForexSetup #BearishBreakout #LowerLow #PriceAction #SmartMoney #ABCDPattern
#HarmonicTrading #ForexStrategy #SellSetup #TradingView #FXMarket #ForexSignals
#DayTrading #SwingTrading #ChartAnalysis #TradeSmart #ForexTrader #RiskManagement
#ForexEducation #BearishStructure #FibonacciTrading #MarketStructure #BreakoutTrade
#TradersOfInstagram #TradersOfTradingView #CryptoAndForex
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Disclaimer
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.