121NZD/USDOANDA:NZDUSDTradeChartPatternsLikeTheProsHello awesome traders! 👑✨ Hope you’ve enjoyed your trading week and caught some pips along the way! As we wrap up Friday, let’s spotlight NZD/USD (1H)—we’ve got a clean 121 Bearish Reversal forming on the hourly chart. 🧠Setup Breakdown: Price has built the 121 structure: XA: 0.61061 → 0.60500 AB: 0.60500 → 0.60931 BC: 0.60931 → 0.60302 The Potential Completion Zone (PCZ) sits between: 78.6% BC retracement: 0.60641 100% XA extension: 0.60733 Price rallied into the PCZ, tagged D = 0.60824, and has since shown early signs of rejection under 0.60733. 🎯 Target in Sight: TP1 Zone: 0.60065–0.60227 (100%–78.6% extension of BC) Our playbook: Pattern → PCZ → Rejection → Measured Target. Risk is defined above D = 0.60824, with entry on a clear bearish candle close below 0.60641. 💡 What’s Next? Entry: Short on bearish candle close < 0.60641 (lower PCZ boundary). Stop: Above 0.60824 (just above D). Take Profit: Scale into 0.60227–0.60065. If price breaks back above 0.60733, we’ll stand aside and wait for the next high-probability setup. Finish the week strong—stay disciplined, manage your risk like a pro, and let structure guide your decisions! 📊 Trade patterns like the pros. 📈 Let structure, not emotion, drive your trades. — Your Friendly Harmonic Trading Guide