I waited patiently for this trade to set up, by waiting for the 3pm candle to close as a bearish pinbar, and ideally to close right near it lows, and it did do that. I entered shortly afterwards with a tight 35-pip stop and a 57-pip target. This trade is also aligned with the STAM where NZD is very strong and AUD has been weakening a bit. Importantly also, this trade is also in line with the bigger 4H trend.
Note the highlighted blue area marks a very strong demand/support area from the daily and 4H charts.