Notes(s):
1st & foremost; it is ideal to wait for a "confirmation signal" before entering such a "counter-trend" trade. (A confirmation of the price-pattern proving that a down-move is 'confirmed' by your book - e.g. some traders wait for candlesticks reversal patterns, or one can use Heiken-Ashi as well - I for one have the available use of a custom ZigZag signal, custom moving-average, & or wave-patterns-study...)
This is advanced-patterns - bearish alt. 3-drives pattern formation for NZDUSD (H4-timeframe on my MT4 trading platform).
*Plotted SL & TP level inside chart is only suggestive.
Best regards.