Short after the break of the smaller countertrendline. Stop above the resistance zone , target at previouse lows.
trailed the stop the 1.44055 which is a little bit above the 0.618 retracement of the current downmove. Trailing behind the fib level because there is no swing level on this timeframe where I could trail to.
Trade closed: target reached:
Trade played out nicely and target reached.
Lesson learned: I did not place the target right. I need to be more precise at target placement.