GBPNZD SELL Opportunity

We can see here a strong and fresh supply zone on the h4 timeframe. This move is likely made by institutions.

• Price broke previous support
  
• 0.618 fib at supply zone
  
• big red candles indicates smart money
  

TP at next support.
Wait for price action to confirm an entry.

Thanks for reading,
stibo 🥦