Week 12 Trade 1 NU Short

Reasons for entry:
- 61.8% fib rejection + wick rejection
- 0.6850 Minor psychological level
- PA is Forming lower highs and lower lows
- Price is losing moment and beginning to stagnate
- Evening star formed on the 1hr

Entry Timeframe:
- 1hr bearish engulfing + evening star
- 0.6847

Stop Loss:
@0.6860 (-13pips)

Take Profit:
Target 1 @0.6830 (+17pips) = Risk/Reward : 1:1.3
Target 2 @0.6810 (+36pips) = Risk/Reward : 1:2.8
Target 3 @0.6775 (+72pips) = Risk/Reward : 1:5.5

Notes :
-

Trade geschlossen: Stop wurde erreicht:

Got this trade setup completely wrong