$NXPC #TradeStories I see a potential **bearish engulfing** pattern.
For a bigger reward (short trade):
1. **Confirmation:** The red candle has engulfed the previous green candle.
2. **Entry:** Consider a short entry below the low of the red candle, around **2.49**.
3. **Stop-Loss:** Place a stop-loss above the high of the red candle, around **2.60**.
4. **Target:** Aim for a previous support level. A potential target could be around **2.31**. This gives a risk/reward ratio of approximately **(2.49 - 2.31) / (2.60 - 2.49) = 0.18 / 0.11 ≈ 1.64:1**.