A quick sell stop entry on GC at 1295.8

I place a sell stop and was triggered just as i was doing my analysis. Time is tight so if it pops up back to the 61.8% level, give it a short guys.
The risk to reward is acceptable and the distribution in volume adds some confidence in this trade.

Zlecenie aktywne:

Sorry the circle is meant to be at the volume bars

Zlecenie aktywne:

I shorted at 1297.4 and stop is above 1300 at 1302. I'm targeting my first exit at 1292 low's. If the momentum that leads to 1292 is slow, i may take full profit.
Stop has not been adjusted.

Zlecenie aktywne:

First Target has been achieved and stop moved to breakeven. Will move stop to protect profit if possible.

Transakcja zakończona: osiągnięto poziom stop:

I was taken out by a spike on the 1 hour chart and have no trades at the moment.