The location of the deployment package can be specified as a directory path or a URL (e.g. to Nexus). The packages can be of type .WAR or .EAR in case of GIT deployment and .TAR.GZ archive for BINARY deployment. Examples:

In case of URL or when only one deployment package exists in the given directory, the package is deployed under the root ("/") context. When multiple packages are found, all are deployed under their own context paths.

Token macro expressions can be used for specifying a URL:
https://repo/nexus/service/local/artifact/maven/redirect?r=central&g=${ENV,var="GROUPID"}&a=${ENV,var="ARTIFACTID"}&v=${ENV, var="VERSION"}&e=war

Check Token Macro Plugin for further details.