Entry: Sell Market 1.2977
Reason for Trade/Setup: Ichimoku Charting showing bullish view from all ichimoku indicators, tenkan sen cross over kijun-sen and above kumo cloud, chikou span cut above the kumo cloud again, and higher than previous high, with forward kumo cloud being bullish and thick, providing the support required.
Initial Stop: 1.2960
Initial Target: 1.3028
Outcome: Price action went up higher for a short while, turned south there after. It crossed below the kumo cloud.
Exit: Stopped out.
Profit/Loss: -17 pips
15 min chart is still preferred. Based on 15 min chart, there will be no trade. 1 min chart can be volatile, when there is no specific trend for that trading period.