Inside candle downward continuation trade

An inside candle has formed on the AUDUSD. Trend is down and price has been consolidating recently at an area of support and resistance. Inside candle could indicate buyers and sellers are undecided on price and could be a setup for a break of current consolidation and a continuation of the down trend. Stop entry placed below tail of mother candle. Risk reward 2.

Trade fechado: stop atingido:

price hit stop, trade closed, sellers were not committed to pushing price action lower