EUR/NZD - 20:1 RR - SHORT IDEA - SMC

On a daily chart price broke the structure to the downside and it began the pullback to the upside. There is a area of imbalance which I expect to be filled after which most likely we expect a new lower low on a daily.

My entry is always around 0.382 Fib lvl on the supply/demand zone, SL slightly above for nice 20:1 RR ratio. Expect it to play out by the end of the year.

I'm no expert and this is not a financial advice. Do your own research and manage your risk smart!

https://www.tradingview.com/chart/HgOEZyV9/