AUDUSD -1%

Reason for placing the trade: price was respecting a sideways moving wedge, had a strong wick rejection on the 4H time frame suggesting a movement to the downside, entered a sell stop but got triggered in and hit SL unfortunately

Why I think the trade failed: price was above the 200 EMA on D,4H,1H suggesting a bullish bias, the stochastic also indicated bullish bias